Today, Austin discusses three reasons to consider buying pharmaceutical giant Walgreen (NASDAQ:WBA). The company stands to benefit from a few macroeconomic factors over the coming years. The acceleration of the aiging population and upholding of the Affordable Care Act mandate will both increase overall demand for consumer drugs, and Walgreen appears positioned to take advantage. The company also increased relevance with consumers by adding a grocery line. The low-margin addition actually helped Walgreen almost double same-store sale increase. And the recent Alliance Boots acquisition should help offset those low margins with higher margin cosmetics. Alliance could also potentially give the company a stepping stone into new markets. Austin is still a little bearish overall, but he does see these three upsides.
If you're interested in some of these dividends on your quest for high-yielding stocks, The Motley Fool has compiled a special free report outlining our nine top dependable dividend-paying stocks. It's called "Secure Your Future With 9 Rock-Solid Dividend Stocks." You can access your complimentary copy today at no cost! Just click here to discover the winners we've picked.
Austin Smith has no positions in the stocks mentioned above. The Motley Fool owns shares of Express Scripts. Motley Fool newsletter services recommend Express Scripts. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.