Walgreen stock had gained 6.73% from last year. Despite a decline in the EPS this year, earnings are expected to grow by 8.98% next year. In fact, in the long term, the EPS is estimated to grow annually by an average of 12.74%. I believe Walgreen to be waay underpriced and agree 100% with the "time" approach. Some come by patience naturally, others (like myself) need to cultivate it.