I don't want to jinx myself, WAG is at thirtysomething with 2 hours to go.
The traders will realize that with all of the disruption overseas, ASIA, they're going to have to find sanctuary at home. Walgreen's is all USA baby. Let's push this stock up one time...
And compared with December same store sales, Walgreen's did pretty damn good against Eckerd's (aka JCP). For those of you who want to know the score: Walgreens +8%, JCP +4%.
However, I know someone is going to ask this question: JCP's percentage, just pharmacy or all stores?
Answer, I don't know, and I don't feel like weeding through the SEC files to find out. Especially since I don't own JCP.
Point is, when you compare Walgreen's to other sectors in the retail business...Walgreen's did pretty damn good.
Next, America is adding one more factor to the basic necessities..
Food, Clothing, Shelter, ..., now, MEDICINE.
Walgreen's provides this sector America and with over 2000 stores, in more than 30 states and Puerto Rico, and with mail order pharmacy...You have gotta like this stock with the Market all uptight over Asia.