I am not a WAG holder, but i am considering a purchase. I like the solid, consistant growth of revenue and income. I like the steady dividends and the expansion plans. I really like the fact that WAG has very little, if any foreign exposure. The market seems to have put the Asian problems on the backburner, but many of the "blue chip" stocks with about 90 percent or more of there business done in the US (little foreign exposure), have had a good runup. I like WAG, but the multiple at which it trades is a bit steep compared to the others in its industry.
Also, there was a very intereseting article about the pharmacy store industry in the May 4, Business Week Magazine. Check it out!