Introduction – Drug Retail Stocks
Even in today’s richly valued stock market, drug retail stocks are incredibly cheap. The oldest and perhaps most important adage in Wall Street is buy low to sell high. As much common sense as that adage makes, it turns out to be one of the most difficult things for investors to do. Everybody falls all over themselves to buy expensive stocks and heads for the hills when stocks get cheap and attractive. Instead, people like to run with the herd and chase stocks when they are rising and flee when they are falling. Nevertheless, as I have often stated, the problem with running with the herd is that your ultimate destination is the slaughterhouse. As Warren Buffett so eloquently put it: “you need to be fearful when others are greedy, and greedy when others are fearful.” This is not the time to be afraid of investing in drug retail.
I created a FAST Graphs Portfolio Review of 5 drug retail stocks that I will go over in the video.
In this video I will focus on Walgreens Boots Alliance (WBA) and CVS Health (CVS), also touching on Target (TGT), Wal-Mart (WMT) and Rite Aid (RAD).
FAST Graphs Analyze Out Loud Video: