Walgreens Boots Alliance Inc (WBA)

[big-yank]

robb, I am not a big UBS fan and I do not follow the analyst that issued the upgrade, but the content of his rationale ignored the reality of the situation, in my book. The outflow of funds from equity investors in the market has been huge over the last 5 years. The tide is finally starting to turn; equity investing is in the early stages of a recovery, both from retail investors and 401K/IRA contributions. A skittish market likes established, conservative, divvy-paying large caps like Walgreens. About 2/3 of WAG's float is held by Insty's and Funds where Wasson's breath or Wade's sobriety matter less than the conservative appeal of a power brand and a logical sounding growth story (A-B).

I think UBS made the right call for the wrong reasons. But, what does it matter, anyway?

It could all unravel, over time. Then, again, it might not. But the near term looks positive, to me,and the headwinds that you and I both fear are still below the radar until more concrete data is revealed.

GLTA,

Yank