ej1234

Walgreen: Cheap By Its Own Standards

wag has shelved $1b of those capex plans in the past three months. cvs is only comping better because they dont report monthly numbers. wait til 4Q results come out. they overpaid for caremark and are much more leveraged. wag has higher roe (5yr avg), margins, dividend yield, turnover, debt rating, and the smaller size creates more room for growth; easily the better choice.