No ones seems to love WBA anymore! Its down to 5% yield today with past new dividend increase. I have( IMO) enough in my Roth to not add anymore at this time, but is anyone else interested ?
Used to own CVS and WBA years ago, so they remain on my watch list.
Seems that CVS has transformed itself with buying PBM Caremark and health insurer Aetna. It was also in the news recently on Covid-19 tests done in CVS parking lots. Until the most recent health insurance change, Aetna was our health insurer and CVS Caremark our PBM; now we are with UNH.
WBA instead continued to buy other chains in the US [Duane Reede, some of Rite Aid, etc] and expanded in Europe via Alliance Boots. It fought with some PBMs [Express Scripts, eventually bought by Cigna (at one point, CVS was interested)]. I thought that at some point WBA would expand into PBM itself, but never did.
We now use WBA for all of our prescriptions but its billing system stinks. Normally, things go through insurance and I pay my part at WBA when I pickup the meds. But once in a while, things revert to WBA billing system. There is no customer account at WBA and each billing invoice has its own number, so cannot use BillPay effectively. There are zillions of invoice numbers floating around and it is a mess if you have to call the Billing Dept.
Some issues I see with Walgreens are the following:
I think market was unhappy with the choice of the former Rite-AId exec to run the Walgreens US operation. I am unhappy, anyway. Years ago I stopped at a Rite Aid, and felt it was a pit. The local Walgreens in my suburb, all four dozen of them, or so it seems, are not places I want to be inside. DIdn't used to be like that.