% | $
Quotes you view appear here for quick access.

Валгрин Ко. Message Board

  • irosen1 irosen1 Mar 7, 1998 12:46 PM Flag

    Buy the PUTS

    This one is ready for some profit taking and a short term pull back, and the March 35's and April 35's put are cheap.

    With WAG at a PE of 40 and a growth rate of 15%, it's PE is 2.6X it's growth rate which is significantly higher than the beloved drug companies and the high tech giants.

    Technically, it could pull back to $32 and still maintain it's uptrend, and at that price would still have a lofty PE of 35.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • I found the true meaning of your post.. NO/? Specialty marketer is a better definition of Walgreen. WAG just opened a store in our area that is larger than the supermarkets were only a few years ago. Kudos to their success. They are not seasonal, cyclical or one product dependent. I see no reason for a serious correction in the price .Do You?