Drugstore industry
Article Abstract:
Drugstores are currently one of the leading Value Line industries and individual companies will maintain that position, despite increasing competition for the healthcare dollar, by continuing the wave of acquisitions and mergers. Some companies will find it difficult to obtain Federal Trade Commission (FTC) permission to acquire as the FTC is afraid that two drugstore chains may eventually dominate the market. Drugstore chains that are adopting modern technologies and good customer relations should be good investment sources for a 3-5 year period.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1997
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Drugstore industry
Article Abstract:
The consolidation trend in the drugstore industry during the mid-1990's is not expected to end soon, although the pace of mergers may slow down. Many drugstore companies believe that size is needed for successful third-party drug plan reimbursement negotiations. The continued aging trend of the US population and the convenience store concept also favor the industry. There are timely drugstore stocks in 1997, and some with good prospects through 2002.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
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