Walgreens Boots Alliance Inc (WBA)

[big-yank]

"52 week highs don't lie" but buying a range-trading stock at its historic highs adds risk to the trade. A lot of risk.

Zack's, today, came out with a "hold" recommendation on Walgreens, with a "buy" recommendation for CVS and a "strong buy" recommendation for Rite Aid. Who'd a thunk it?

Weinswig was right about JCP in the short term and I made beaucoups $$$ on a swing trade, there. She was wrong to recommend a longer term position, but that's life. I NEVER follow any analyst's rec's 100% because all of them are wrong some of the time and most are wrong more than they are right.

I bought mReits when virtually every analyst predicted painful death to shareholders and averaged 16.9% dividends for 3 1/2 years while "the experts" hid in the closet and hoped that nobody opened the door.

Analyst's opinions are a tool, not an investment system. Always do your own D/D and don't be afraid to bet against the grain if your gut steers you into uncharted territory.

Enjoy that wine...

Yank