Walgreens Boots Alliance $WBA is a company focused on pharmacies with a divi of around 5.5%. I've always felt it was one of the aristocrats, but its stock has been going down the last few years. Do you think it will recover yet? Is it because there is a lot of the world focused on online orders now? 🤔
It is good that they are in profit (albeit small). The stock is down - possible upside potential. I don't have it though and am not buying.
I would say the company is not in danger. Generally pharma stocks are doing pretty "bad" right now, which is creating super opportunities throughout this sector.
I believe that if WBA streamlines online sales more, optimizes costs and assortment, it can regain a stronger growth trend. I wouldn't be afraid to hold them.