Opinions Andy Nasr
Walgreen Boots AllianceWBATOP PICKAug 12, 2014
Andy NasrOwned
$62.16
Stock price when the opinion was issued
$12.05
As of Aug 27, 2025. Market Open.
specialty stores
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.
You might be interested:
DON'T BUY
They report Tuesday. Very worried. Not sure if their buy of Summit Health can give their shares a boost. Have been a poor performer among retailers with decent balance sheets. He needs to hear them speak about theft. Buying stuff there is discouraging because it's under lock and key. It's easier to buy from Amazon.
specialty stores
DON'T BUY
Among the worst Dow performers in Q3 Down 17%. Pays a 6% yield. He expected more from them given the Covid booster shot business. Trades at 6.3x earnings. That tell him they gained little market share during the pandemic unlike CVS. They lack a strategy to compete with Amazon; people buy consumer staples from Amazon instead. Walgreen stores are short of staff, which effects service.
specialty stores
They were going to complete the acquisition of Alliance Boots in Europe. Part of the rationale for that acquisition was that it would lower their overall tax rate. That didn’t happen and the stock sold off. Thinks the sell off gives a good buying opportunity. There is a really good growth profile ahead of them. You can expect 4%-5% organic growth in addition to a pretty decent dividend. A good way to play a recovery in Europe without having direct European exposure. He likes some of the US drugstore stocks in that it is also a riff on the Affordable Care Act, which requires more people to get insurance. When you have insurance, your prescriptions per capital are about twice as high as when you don’t have insurance. Yield of 2.17%.