Is Walgreens Boots Alliance Stock a Buy?
Shares of Walgreens Boots Alliance (NASDAQ: WBA) rallied sharply following better-than-expected earnings in its fiscal fourth quarter (ended Sept. 30). The pharmacy retailer and drug wholesale giant delivered a sales rebound while offering positive guidance through a series of new restructuring initiatives.
Investors should welcome the news as Walgreens stock had been in a free-fall, losing more than half its value just this year. The potential that this beaten-down healthcare-sector leader can find the right formulation to sustain long-term profitable growth could make its shares a big winner going forward.
Let's discuss the key points to consider before jumping in to buy shares of Walgreens Boots Alliance.
Source Fool.com
