Saturday, May 22, 2010

What will happen with Walgreens, CVS, and Rit-Aid stock if Barack Obama is elected president?

Thanks for the help!!

What will happen with Walgreens, CVS, and Rit-Aid stock if Barack Obama is elected president?
I don't get the connection and I'm an RN and a CFP.
Reply:Wow, That's a pretty big what if. What do you think could happen? Are you refering to some type of governemt health insurance? or are thinking of shorting that stock from those companies?





In either case and this is strictly my opinion, any changes in the delivery of services and patient payment of our health system is several Presidents away and congress will not act by itself because of all the special interests.





Prescriptions are a part of those companies business but they also have many other profit centers in their stores. They can be like a mini Walmart so their business would gradually change and not immediately even if it came to pass in 20-30 years.





If you are thinking about stock cos. and what can influence their prices; find out what Obama like to wear, eat, see, enjoy and if he becomes more that a contender these things might enjoy a purchasing frenzy. Good luck and aDios.
Reply:I guess everyone will have to use Walmart. lol I hope he wins. Maybe America can finally get back on track!
Reply:what does Barack Obama have to do with any of that?


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