Walgreens Boots Alliance Inc (WBA)

[Prudent Capitalist]

WBA is doing just fine. Market placed too much fear on what AMZN was going to do to CVS and WBA, just like when the market placed too much fear on what WMT and Sams Club would do to WBA and CVS years ago. That is when I was able to acquire my initial position here on the cheap after these shares dived. have automatically reinvested al dividends since.

Just anecdotal evidence, but the last 2 times I was at our local Walgreens store, the pharmacy was swamped, and there was a lot of traffic out in the store. I waited 20 minutes in the drive through prescription pick up lane one evening. Don't know what the problem was but went back the next day to pick up some things and the line for flu shots was 6-7 but they were processing them fast. I think some of the issues in the pharmacy are due to the overall corporate cost cutting measures and they have reduced the pharmacy staff in a lot of stores down to bare bones. Those folks work like mad to process all the prescriptions.