1 Reason It May Almost Be Time to Sell Walgreen's Stock

Walgreen (NYSE: WAG  ) is a selection for the real-money Inflation-Protected Income Growth portfolio. In this brief video, portfolio manager Chuck Saletta offers up the one reason he's considering selling the stock despite its substantial gain since he bought those shares a little more than a year ago.

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Walgreen's meteoric stock-price increase means the company has rocketed past a reasonable fair-value estimate, though its balance sheet, dividends, and prospects remain strong. As a result, if its stock price passes $72 per share before Walgreen's next earnings announcement, he'll consider selling. Otherwise, he plans to hold through the earnings announcement and re-evaluate to see whether it drives changes to that fair-value estimate.

To follow the iPIG portfolio as buy and sell decisions are made, watch Chuck's article feed by clicking here. To join The Motley Fool's free discussion board dedicated to the iPIG portfolio, simply click here.


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  • Report this Comment On March 17, 2014, at 11:42 PM, tomd728 wrote:

    Chuck..........What the hell was the purpose of this post that was allegedly a piece on WAG with the usual MF take and information toward an investing

    decision at least in part.

    The piece, in fact, is nothing more than an ad for the MF mutual funds and other paid subscriptions !!!!!!!

    This type of "sneak up" to the point is everything that MF was not.Result: You guys are losing the credibility on which the MF stood apart from the rest of the promotional mob.........

    It is sad to see

    Tom Durkin

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