The ones who are out there downing the stock are totally clue less. You want to look at the PE ratio, Fine. You want to look at other reports its fine. You think its a bad investment dont buy it, but since a year ago my investments has doubled. More than I can say on other stocks. Just go to a store and youll see. Stores are all clean, They all look the same so you allways know where to go. The employees are allways knowlegable and nice. They have great prices and the their pharmacy is great. I have had chances to move my prescription to other places but I wont because they are fast, effecient, cost effective, and nice at Walgreens. You dont have to bee a rocket scienctist to see this stock as a winner! Arya
Not only does alot of the employes own stock from their E.S.P.P., but we can have up to 10% of the money we put in our 401k to go toward Walgreen's stock. So that means alot of us own stock, and probably will be holding on to it for several more years. In the store I work in, about half of us own stock in the E.S.P.P.. We feel that the stock will split after the first of the year, but hoping sooner just like the rest of you. I personally own Walgreen's and Dell. They have both been very good to me, but Walgreen's is a steady ride, and Dell can make your stomack turn every which way. Walgreen's stock is a stock you buy and forget about it. It has done us all at work a "GREAT" job.
1) WAG employees get a 10% discount on the price of WAG stock.
2) Some employees buy the stock by taking a percentage of their salary each month.
3) Many employees own options in WAG stock, which they can't exercise until after two years of continuous employment. They got these options by first purchasing shares of WAG stock without a discount, totally separate from #1 and #2.
Please refer to this post in later messages when individuals come in hoping to drive WAG stock down. It's not going to happen. I know people who have been with WAG for over 15 years, before the first ever WAG split...they have never sold a share yet...let's see, if they owned 100 shares pre-split, hmmm, four splits, these people may have over 1600 shares held.
More drugs, more customers, more people age...people procreate...need drugs...the movement of the universe is on the side of disorder...more people needing more medications...pharmaceutical companies needing to create new drugs, blockbusters to beat their own earnings expectations...WAG is perfect for such an environment.