Re: Stock Market - Oct 2008
WAG (Walgreen's) is pretty cheap right now. They've taken a beating since Wal-Mart came out with $4 generics (which pretty much every other pharmacy has since matched, including Walgreens), and now with the recent downturn. If you're looking long-term I think it will be solid. The company has no long-term debt and continually increases same store sales by 7-9% even with the recent slowdown. Throw in the aging population and I think it's a good long-term play.