good article...Seems to be a lot of "WAG bashing" in here(?)...I CAN ONLY GUESS IT'S PEOPLE WHO ARE STILL SHORT THE STOCK?..i.e. what else is in it for bashers?...Oh, I suppose they might like the "train" to go back to the station, to pick em' up, as they MISSED the run-up from $28.53? That's a possibility.(as CVS dropped down from $48...>the inconvenient truth about the big "divergence closure" over the last 6 weeks...does that count? hahaha...For me it did...$$$$$)
Me? I like WAG and CVS...but given the valuations, higher divy payouts, higher divy growth rates...I like the WAG a tad more - but both are fine....long term holds...not trades.
I did go for some MCD today...cost avg it...also pays over 3%...and they should raise their dividend payout, next time around (NOV?)...so, I'd expect around a 3.5% divy yield later, at today's stock price.
But also have 40% cash remaining - for the "fiscal & regulatory cliffs" (yes, new regs coming in 2013)...This country is drowning in REGS now...So, I like some cash, for any pullbacks in the "dividend aristocrats"...most don't yield so much anymore - I have to have at least 3% to be interested...most seem way overbought, as the baby boomers have been hunting for yield / cash flows...for retirement. (right now, WAG / MCD seem to be 2 decent ones).