23 10, 2023

Walgreens is Up 3% On Excitement Over New CEO & Bullish Outlook – VectorVest Still Says Sell

By |2023-11-08T15:39:44+00:00October 23rd, 2023|Categories: Feature: Stock Market Investing, Featured: News, Hot Stocks|Tags: , , , , , , , |

Shares of Walgreens Boots Alliance (WBA) started Monday morning trading strong with a 3% gain thus far. The stock has been battered in both the short and long term, but there is hope that new CEO Tim Wentworth will turn things around for the company. According to Lisa Gill, analyst at J.P. Morgan, today [...]

30 06, 2023

Is it Time to Sell Walgreens Stock Amidst Dwindling Consumer Spending & COVID-Vax Demand?

By |2023-06-30T19:38:24+00:00June 30th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Hot Stocks|Tags: , , , |

Earlier this week, Walgreens (WBA) warned investors that profits would take a dive from previous estimates as a result of weakened consumer spending and dwindling demand for COVID-19 vaccinations. As a result, shares dropped more than 9% this week - now reaching their lowest levels in over a decade. CEO Rosalind Brewer noted that [...]

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