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Is Walgreens Boots Alliance Stock a Buy Now?


Household name and dividend growth stock Walgreens Boots Alliance (NASDAQ: WBA) hasn't been good to shareholders for some time now. The stock is down from over a decade ago, even if you had reinvested dividends.

So what's the problem? Walgreens is transitioning its business beyond prescriptions and retail stores and is working through a bloated balance sheet from an acquisition spree over the past few years.

It's a potential comeback story in motion, but does that mean now is the right time to buy the stock? Here is where Walgreens stands and whether you should consider buying shares or wait it out.

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Source Fool.com

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