Walgreen reports quarterly earnings next week, an item that Jim Cramer says will be key to watch. Cramer explains that there’s currently a rotation out of higher multiple stocks like Walgreen into lower multiple stocks, and the company’s report should be a barometer of whether people are going to stick with senior growth stocks or continue to rotate into lower, cheaper tech plays. Cramer says watch to see the reaction to Walgreen’s report — that will tell us if the rotation is over.
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