Walgreens Boots Alliance Is A Strong Buy

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About: Walgreens Boots Alliance, Inc. (WBA)
by: Patrick Doyle
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Patrick Doyle
Long/short equity, long only, Growth, momentum
Summary

The company is certainly experiencing challenges. In my view, these present more of an opportunity than an existential threat to capital.

In my view, the dividend is quite safe, and income investors should strongly consider this name.

For those who demand an even greater margin of safety, I recommend a specific short put that offers investors a "win-win" trade.

The past twelve months have not been kind to shareholders of Walgreens Boots Alliance (WBA), with the shares down about 25%. This price move had me intrigued, so I thought I’d look in