A Walgreen Company (WAG) Stock Checkup for May

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My take is that Walgreen should see more consistent earnings growth going forward. The company appears to have learned its lesson from the Express Scripts debacle. Its recent extension of an agreement with rival CVS Caremark Corporation (NYSE:CVS) lends support to this premise.

Overall
Is Walgreen Company (NYSE:WAG) stock still a good pick after the great run-up so far this year? I think so. The stock seems to be reasonably valued considering its growth potential. Investors should also consider the 2.2% dividend yield. Overall, my opinion is that the outlook appears solid for Walgreen at this time, barring any major macroeconomic issues.

The article A Walgreen Stock Checkup for May originally appeared on Fool.com.

Fool contributor Keith Speights and The Motley Fool have no position in any of the stocks mentioned.

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