WBA - 3 Things You Need to Know if You Buy Walgreens Boots Alliance Stock Today
2024-07-14 14:05:00 ET
If you're thinking about buying shares of Walgreens Boots Alliance (NASDAQ: WBA) anytime soon, you'll need to appreciate the position that the well-known pharmacy and retailer is currently in. Amidst an attempt to integrate into healthcare markets outside of its traditional wheelhouse, the company's financial position has deteriorated, and it's on the road to becoming downright precarious.
But some investors may see the potential for things to improve where others might only appreciate risks. So let's investigate three items you need to understand before buying this stock.
Over the last few years, Walgreens has tried to enter the primary-care market by providing some basic services through its VillageMD subsidiary. The move was a bid to enter into a quickly growing market so Walgreens could get exposure to a tailwind for its growth. There is some evidence that the plan is working.
For further details see:
3 Things You Need to Know if You Buy Walgreens Boots Alliance Stock Today