By Lee Samaha - October 4, 2012 | Tickers: CVS, ESRX, PRGO, WMT, WAG | 0 Comments Lee is a member of The Motley Fool Blog Network -- entries represent the personal opinions of our bloggers and are not formally edited. Sometimes as investors we can over-analyze and spend so much time looking at fine details that we miss the bigger picture. I think this is exactly what many are doing with Walgreen (NYSE: WAG). Every investor is trying to analyze how many of the lost customers Walgreen will regain from the Express Scripts (NASDAQ: ESRX) debacle, but does a debate over the marginal amount really matter when the stock is so cheap? I dont think it does. Time to Confess OK, I admit it: I am one of the guilty parties. I hold a position in CVS Caremark (NYSE: CVS), and quite frankly I think Walgreen will find it difficult to win back lost customers from the likes of CVS and Wal-Mart (NYSE: WMT). I even articulated this view in a previous article. Investors should understand that whole industries are structured around the reason why Walgreen will find it hard to win customers back. Customer inertia is a very … Continue reading
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