With half of 2012 in the record books, it's important to take a look at whether the stocks that interest you can live up to their full potential. By making sure you know about a company's future plans and possible challenges, you can make a better decision about whether it's a smart investment for your portfolio.
Today, let's take a look at Walgreen
Stats on Walgreen
|Average Stock Price Target||$35.36|
|Fiscal 2012 EPS Estimate||$2.61|
|Fiscal 2013 EPS Estimate||$2.93|
|Fiscal 2012 Sales Growth Estimate||(0.4%)|
|Fiscal 2013 Sales Growth Estimate||1%|
|CAPS Rating (out of 5)||***|
Source: Yahoo! Finance.
Can Walgreen get healthy again?
There's no disputing that Walgreen has suffered a great deal from its ongoing dispute with Express Scripts
But Walgreen does have some things going for it. Health-care reform should push more prescription customers into the mix, and Walgreen should get its fair share of increased demand. Moreover, between a push into groceries and its acquisition of Europe's Alliance Boots, the company has found at least one roadmap toward potential future growth.
One interesting move Walgreen made recently was to name retired McDonald's
All in all, Walgreen has gotten through tough times before. With a fairly substantial drop, today's stock price represents a good buying opportunity if you believe in the drugstore chain's strategy going forward.
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Click here to add Walgreen to My Watchlist, which can find all of our Foolish analysis on it and all your other stocks.
Fool contributor Dan Caplinger doesn't own shares of the companies mentioned. You can follow him on Twitter @DanCaplinger. The Motley Fool owns shares of Express Scripts and McDonald's. Motley Fool newsletter services have recommended buying shares of Express Scripts and McDonald's. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Fool has a disclosure policy.