Walgreens: Shunned By The Market - Why I See An Opportunity

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About: Walgreens Boots Alliance, Inc. (WBA)
by: Chuck Walston
This article is exclusive for subscribers.
Chuck Walston
Long-term horizon, dividend growth investing, value
Summary

COVID-19 hammered Q3 results.

A plethora of initiatives could collectively provide significant momentum.

Aside from the retail segment, the business remains solid.

The time to buy a Dividend Aristocrat is when the stock is out of favor.

Walgreens Boots Alliance (WBA) is the red-headed stepchild of Wall Street. Prior to last week’s earnings call, the company had reported a 4.1% increase in sales in FY19. However, Q3 results are dismal.