Replies to post #3072 on Walgreens Boots Alliance Inc (WBA)

[Stock_Barber]

"I've long wondered why hearing aids cost thousands of dollars "

Good question. It is a combination of things.

- It used to be quite complicated and expensive to develop the low voltage, low power draw circuits. That isn't really an issue anymore. And FDA compliance was somewhat costly.

- Custom in-the-ear products require many hours of labor to make.

- The customer can return the custom made product (usually within 30 days) for any reason, and it cannot be resold.

- The people who sold them were often businessmen, not audiologists. They make as much money as they can. People don't realize that the prices are totally negotiable, and don't even try!

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[Prudent Capitalist]

Strong earnings report out from WBA today. And they upped the forward guidance. With WBA's share price +6.26% today the dividend yield is down to 6.01%, which is still great.

[Prudent Capitalist]

Walgreens upgraded to Buy from hold at Deutsche Bank. $50 Price Target now.