Navigation Links
Technical Analysis on GNC Holdings and Walgreen: Drug Store Stocks Set to Provide Good Returns
Date:2/11/2013

LONDON, February 11, 2013 /PRNewswire/ --

Growing life expectancy is a good indicator of a nation's economic status, but at the very same time it also brings about the higher incidences of diseases and ailments. While the picture does not look pretty in general, it certainly is an attractive one for drug store companies. With growing demand for drugs, companies like GNC Holdings Inc. (NYSE: GNC) and Walgreen Co. (NYSE: WAG) are all set to see their stock prices soaring. These companies are also looking to expand their reach internationally. The sector also features competition, but the pie is big enough for all the players involved. StockCall has posted free technical research on GNC Holdings and Walgreen which can be downloaded upon sign up at http://www.stockcall.com/signup

GNC Holdings Continues on Growth Trajectory

GNC Holdings Inc. stock grew by 25 percent in the past 12 months and is rightly being lapped up by hedge funds. As per a recent filing by Citadel Investments, billionaire investor Ken Griffin now owns 3.5 million shares of the company, which is almost the double of its initial investment in the company. Alexander Mitchell's Scopus Asset Management also owns 2.5 million shares of the company. Hedge fund interest generally bodes well for a stock. The company holds leading position in nutrition and vitamins market. Sign up and read the complimentary report on GNC Holdings at http://www.StockCall.com/GNC021113.pdf

Apart from hedge fund interest, the company is doing well. GNC Holdings management upped its guidance for FY 2013. It is experiencing all-round growth as all its major segments including franchise, wholesale and retail recorded growth for FY 2012. The company has reported positive same-store sales growth for 29 consecutive quarters. GNC Holdings runs 7,600 retail locations globally and is active in 53 countries. With projected earnings growth of 22 percent for next five years, the company offers good long-term investment opportunity. For the third quarter of the year, GNC Holdings reported 28 percent increase in its earnings. The stock trades at Price/Earnings ratio of 16.81 and thus is not an expensive stock.

GNC is set to report its earnings today. Data were not available at the time this article was completed.

Walgreen Offers New Product Lines

Walgreen Co. stock is on the roll and touched a new 52-week high lately. The stock is up 23 percent in the past 12 months and offers a dividend yield of 2.66 percent. The company's dividend is likely to remain safe as it has manageable dividend payout ratio of 45 percent. Walgreen is also projected to grow its EPS at the rate of 13.23 percent in the coming five years. For FY 2012, the company grew its front end sales. However, its same-store sales slumped marginally. The free report on Walgreen can be downloaded by signing up now at http://www.StockCall.com/WAG021113.pdf

The drug store company is diversifying its offerings as it plans to sell Televisa Consumer Products to gain traction among its Hispanic customers. It is also expanding overseas as it acquired 45 percent stake in Alliance Boots to gain foothold in Europe. The company spent $6.7 billion for this purpose and expects the acquisition to add 23 to 27 cents per share to its EPS. Like other drug companies, Walgreen also stands to benefit from increased life expectancy, which will lead to higher demand for drugs and therapies. The stock currently trades at Price/Earnings multiple of 18.57, which is slightly higher than the multiple sported by its competitors GNC Holdings, but Walgreen's future prospects justify the pricing.

About StockCall.com

StockCall.com is a financial website where investors can have easy, precise and comprehensive research and opinions on stocks making the headlines. Sign up today to talk to our financial analyst at http://www.stockcall.com


'/>"/>
SOURCE StockCall.com
Copyright©2012 PR Newswire.
All rights reserved

Related biology technology :

1. New England Biolabs New Website Adds Technical Information, Easy Ordering, and Better Search
2. 20% Off Your Entire Order of Scientific, Technical, Medical (STM) Titles Until the End of December at Chemical Publishing Company
3. Pittcon Announces 2013 Award Recipients; New Award, Robert Boyle Prize for Analytical Science, Added to Technical Program
4. CMC Biologics Highlights Technical Acumen at Upcoming Conferences
5. Rigku Publishes New Method for Quantitative Analysis of Cast Iron Using the ZSX Primus III+
6. ComplianceOnline Announces Seminar on Statistical Analysis for Product Development
7. The Genome Analysis Center Selects Convey to Support Next-Generation Sequencing
8. Waters Unveils Industrys First Integrated LC/MS Platform for Proteins, Peptides, and Glycans Analysis at WCBP 2013
9. Lucintel’s Analysis of Global Linear Low Density Polyethylene Industry: Market Estimated to Reach $41 Billion in 2017
10. Rigaku Publishes New Application Note for Quantitative Analysis of Stainless Steel
11. Renal Dialysis Equipment - Global Pipeline Analysis, Competitive Landscape and Market Forecasts to 2018
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:3/23/2017)... ... March 23, 2017 , ... Ellen Matloff, president and ... Council (CTC) as a 2017 Women of Innovation® finalist. Matloff will be among ... Dinner. , The dinner recognizes women accomplished in science, technology, engineering and math ...
(Date:3/23/2017)... According to a report by Transparency Market ... due to the presence of a large pool of participants; however, ... , and Sigma-Aldrich, compete with each other in this market. With ... than 76% of this market in 2016.  ... As of now, a large number of ...
(Date:3/23/2017)... Orleans, La. (PRWEB) , ... March 23, 2017 ... ... real-time, industrial monitoring solutions, today announced the hire of Dr. Sigmund “Sig” Floyd ... APMT customer applications, strategic partnerships and joint development activities. , “Dr. Floyd’s career ...
(Date:3/22/2017)... , March 22, 2017  Ascendis Pharma ... its innovative TransCon technology to address significant unmet ... results for the full year ended December 31, ... year for our company as we broadened our ... leading, integrated rare disease company with an initial ...
Breaking Biology Technology:
(Date:3/23/2017)... Research and Markets has announced the addition ... - Industry Forecast to 2025" report to their offering. ... The Global Vehicle ... around 8.8% over the next decade to reach approximately $14.21 billion ... estimates and forecasts for all the given segments on global as ...
(Date:3/20/2017)... , March 20, 2017 PMD Healthcare ... personal spirometer and Wellness Management System (WMS), a remote, ... Founded in 2010, PMD Healthcare is a Medical Device, ... a mission dedicated to creating innovative solutions that empower ... With that intent focus, PMD developed the first ever ...
(Date:3/7/2017)... Brandwatch , the leading social intelligence company, today announces that ... uncover insights to support its reporting, help direct future campaigns, and ... youth charity will be using Brandwatch Analytics social listening and analytics ... of the topics and issues that are a priority for its ... "Until recently ...
Breaking Biology News(10 mins):