Its shares may be expensive, but Walgreen remains one of today's stellar growth stocks.
Of course, even top performers can stumble, so be sure to include conservative stocks with above-average dividends in your well-balanced portfolio. Overall, profits have grown at a 14 percent compound annual rate over the past five years, and are projected to rise at a slightly faster rate over the coming five years. The reason that Walgreen has been able to sustain such a premium valuation is that it keeps reporting superior growth. Yet the problem with such long-term success is that it raises expectations. Obviously, there's an eventual limit to market share gains. Quotes for Nasdaq securities are delayed 15 minutes.