Ready to Buy the Dip? This Healthcare Stock Is a Smart Buy
Pharmacy chain Walgreens Boots Alliance (NASDAQ: WBA) has had a tough go of it. The stock's fallen more than 60% from its high, and the company kicked off its fiscal 2023 year with first-quarter earnings that disappointed Wall Street. Usually, you don't want to seek out stocks with problems during a bear market as negative sentiment can keep pushing share prices lower.
But at some point, enough is enough. Could Walgreens keep going lower from here? Sure, but long-term investors could be getting an opportunity to acquire shares on the cheap. Meanwhile, the stock pays a healthy dividend, and the company is taking some promising steps investors should know about today.
Here is why Walgreens could be one of those buy-the-dip stocks you need to check out.
Source Fool.com
