Where do you think WAG stock price will be by mid-winter? Expecting a stronger cold/flu season, return of many express scripts customers, added revenues & profits from Duane Reed, USA Drug, Boots acquisitions. Also, don't forget why WAG held out on ESRX deal. They were protecting margins, which should improve somewhat with the slew of recent generic introductions. WAG is not far removed from $45-$50 trading range. Walgreen is an excellent retailer and they know where they are going with the business. They are strongly focused, and executing very well.
Wag will trade flat well into 2013
No stock buyback, overpaid for BOOTs Moody's downgraded Walgreen's sr unsecured rating to negative and the CEO just said there will be "challenges" ahead in return of customers lost in Express Scripts battle