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  • masterwallstreet masterwallstreet Mar 11, 2013 1:57 PM Flag

    Walgreens will never double

    in my opinion only, February reports were not so bad for Walgreens because they did so bad last year. Walgreens gave out dividends good for investors bad for investment. Dividends are a liability not an asset. $2 billion less to grow it's a debt or a bill. They are buying back their own stock that is why it is still at the current levels it eats up more of the company's profits this stock will never double or triple in my opinion of course compared to rite aid rite aid will double or triple before walgreens because rite aid is very undervalued it is 1.65 now they are not paying dividends which is good money could be used to grow and invest or pay off debt rite aid increased prescriptions by 0.3% this February if walgreens is getting back customers they are not coming from rite aid let's talk about dividends i'd rather have the stock increase than have dividends if the stock tanks to $20 your dividends are part of that $20 you'll lose the share value and the value of the dividends it's a double loss. they're a liability, not an asset

    Sentiment: Strong Sell

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