Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Is Walgreens Stock a Buy?

TheMotleyFool

0 0

It's been a tough year for Walgreens Boots Alliance (NASDAQ: WBA) stock, which is trading down nearly 65% year to date, as of this writing. Things don't look any better when looking even further out, as the stock has lost 88% of its value over the past decade.

There have been rumors swirling of a possible buyout. Is now the time to buy this beaten-down stock?

The fall of Walgreens is due to a combination of self-inflected wounds and overall industry pressure. The company admittedly made a very poor acquisition when it took a majority stake in VillageMD, a medical group that was looking to rapidly expand its footprint.

Source Fool.com

Like: 0

WBA

Share