Monday, March 26, 2007

Walgreen ups Net Income by 25%

Walgreen 2Q Net Income Up Nearly 25 Pct.

Walgreen Co., the nation's largest drugstore chain by revenue, on Monday said fiscal second-quarter net income rose nearly 25 percent as sales at established stores increased on the strength of a strong retail prescription business.

Applying CANSLIM, it must be investigated if Walgreen qualifies as a buy within the coming days.  Momentum is high. 

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