Today, Motley Fool analyst Rex Moore takes a look at Walgreen (NASDAQ:WBA), which carries one of the lowest price-to-earnings multiples of all the stocks passing his "Best Values" screen. Is the corner drugstore a value, or a value trap?

Walgreen has a dividend yielding over 3%, but it's not listed among the The 3 Dow Stocks Dividend Investors Need. You can read the Fool's brand-new special report right now -- absolutely free. Just click here.


This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.