Jim Cramer Will be Watching Walgreens Quarterly Report Thursday

Walgreens (WBA) - Get Report is set to report quarterly results on Thursday ahead of the opening bell and TheStreet's Jim Cramer believes the drugstore chain should walk away from Rite Aid (RAD) - Get Report . Cramer says, "I wish Walgreens would walk away from Rite Aid because no matter what charge they are going to have to take, Walgreens could then accelerate." Wall Street whispers are pointing to a potentially weak quarter for the chain. Cramer says, "I think Walgreens is a fabulous stock for Action Alerts and we tell members this is an opportunity to buy so i'm not that concerned that the quarter could be weak. Walgreens is a great american company."