Walgreens Boots Alliance Inc (WBA)

[bar1080]

I've owned WBA since 2008 so my basis is still under the current market price. Its Q. dividend has impressively increased from 11 cents to 0.46 during that period.

My portfolio of 18 individual stocks has probably outperformed that of 99% of IHUBbers mainly because I only buy blue chips (no pennies certainly) and because I virtually never trade my stocks. My *general* rule is to only sell to take take a tax loss and I haven't had one in many years.

Other IHUBers read silly charts and pay attention to even sillier hunches and stock tips, while chasing fads. I read respected investing texts and academic studies.

Looks like WBA's time as a Dividend Aristocrat may be nearing an end. For years I've complained about the poor service in Walgreen's. They put stores on every street corner (probably overpaying for the land) in their war with CVS. Their Theranos debacle should have been a sign they were running out of growth options.

I'll probably continue holding but mainly because WBA has sunk to levels where it's becoming insignificant to my soaring portfolio. One of my core stock beliefs is that trading is hugely detrimental to portfolio performance. Just about every study confirms that, if it seems no one else on IHUB knows that fact. "The more you trade, the more you lose." But that rule isn't without limits...

If, down the road, there's some tax benefit to be had and something good comes along, I'll dump WBA.