) was a big mover last session, as the company saw its shares
gain 5% on the day. The move came on the back of solid volume
too, as far more shares changed hands than in a normal session.
The uptrend is continuing for the company, as the stock is now up
nearly 6% in the past one-month time period.
The company has seen 3 negative revisions in the past few weeks
and its earnings consensus has moved lower over the past two
months, suggesting there could be trouble down the road. So make
sure to keep an eye on this stock going forward to see if this
recent rally can last.
Walgreen currently has a Zacks Rank #3 (Hold) while its
Some better performing drug retailers include
GNC Holdings Inc.
Rite Aid Corporation
). All these carry a Zacks Rank #2 (Buy).
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