WBA - Walgreens: Hold Tight Let It Turn Around First
2024-05-06 13:41:08 ET
Summary
- Walgreens Boots Alliance, a famed pharmacy retailer, is in the midst of a turnaround.
- In the last decade, WBA shares dropped from over $70 to less than $20.
- More recently, the quarterly dividend was nearly cut in half.
- Their new CEO has an eye to unlocking WBA's hidden potential, but it's a matter of execution that may not be realized soon enough.
Walgreens Boots Alliance, Inc. ( WBA ) is probably my most frequented store as a customer, and for that reason, its shares have been personally intriguing to me as a potential investment for quite some time because I can keep something of a regular pulse on it. Over the last few years, as I have thought about it, the shares have seen a trend of decline....
Walgreens: Hold Tight, Let It Turn Around First