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RE: TIB: Today I Bought (and Sold) - An Investors Journal #269 - Europe, US Banks, Home Improvement, Clean Energy, Taiwan, Oil, Marijuana, Ethereum
WAG a great play as getting added to the Dow should help give it a base when market rally. They have built some solid earnings over the last 2-3 years as well by integrating well their acquisitions.
Addition to DJIA was a bonus. The key thesis is that over the next 18 months while economy grows, people will need pharmacy stuff and it will take Amazon that long to get up to full speed. I do not think investors are fully considering the flow of earnings from international business. For example, Boots has a massive growing footprint in Thailand.