3 Reasons to Hold on to Walgreen Stock

3 Reasons to Hold on to Walgreen Stock

Walgreen is a selection for the real-money Inflation-Protected Income Growth portfolio. In this brief video, portfolio manager Chuck Saletta gives three reasons why he's holding on despite the company's strong rise since he bought it early this year.

Will Walgreen Be the Biggest Winner of Obamacare?
Fool contributors David Williamson, Max Macaluso, and Dan Caplinger recently pointed out why Walgreen may be the surprise winner from that massive health-insurance overhaul. Whether or not it is, the one thing that's certain is that Obamacare is rewriting the rules for the health care industry, and in the process of doing so, it's creating massive opportunities for investors to get ridiculously rich.

How? By investing in a handful of specific health-care stocks. In this free report, our analysts walk you through these opportunities and the companies that are positioned to exploit them. The informational edge contained in it is invaluable but can only be exploited profitably while the rest of the market remains in the dark. To access this free report instantly, simply click here now.

To summarize those three reasons:

  • Walgreen's stock looks about fairly valued.

  • Walgreen's balance sheet looks healthy.

  • Walgreen's dividend recently rose 14.5% and looks like it can still grow as the company does.

To follow the iPIG portfolio as buy and sell decisions are made, watch Chuck's article feed by clicking here. To join The Motley Fool's free discussion board dedicated to the iPIG portfolio, simply click here.

The article 3 Reasons to Hold on to Walgreen Stock originally appeared on Fool.com.

Chuck Saletta owns shares of Walgreen Company. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Originally published