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  • rgsam54 rgsam54 Aug 20, 2012 11:45 AM Flag

    With market correction in the way

    Walgreens is undervalued. With estimated earnings of $2.60 and a present P/e of 12 + This stock could go to 42 to 45 and still have a respectable P/E of 16 +. This is not including increases of earnings in future quarters. That's if everything remains the same. Also the estimate for 2013 has been increased to 3.04 from 3.01. The future looks bright.

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