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Is Beaten-Down Walgreens Stock a Buy on the Dip?

TheMotleyFool

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Is Beaten-Down Walgreens Stock a Buy on the Dip?: https://g.foolcdn.com/editorial/images/738172/angry-investor-getty.jpg

Shares of Walgreens Boots Alliance (NASDAQ: WBA) fell hard recently after management disappointed investors by missing Wall Street's earnings expectations for its fiscal third quarter ended May 31.

Walgreens stock tanked in response to its latest earnings call, but it wasn't all bad news. The company was able to report total revenue that grew 8% year over year driven by a rapidly growing U.S. healthcare business.

Image source: Getty Images.

Source Fool.com

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