Where Will Walgreens Boots Alliance Be in 5 Years?
Walgreens Boots Alliance (NASDAQ: WBA) has been around in some form or another for 119 years, growing to become the second-largest pharmacy chain in the country. There's little doubt it will be around for another five -- and beyond. Even so, the retailer is grappling with dramatic shifts in the retail and healthcare sectors and will have to continue to evolve to remain healthy. So what will Walgreens look like in five years, and will it be a good investment?
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Walgreens endured a difficult 2019. The stock was down 13.7% last year, marking the fourth straight year of negative annual returns. It was the one of the worst performers among Dow Jones stocks. And it's beginning 2020 in much the same way, down almost 10% year to date through Jan. 23. In contrast, Walgreens' larger rival, CVS Health, was up 13.4% last year and is currently down less than 1% in 2020.
Source Fool.com
