10 Oversold Value Stocks To Buy Right Now

6. Walgreens Boots Alliance, Inc. (NASDAQ:WBA)

Year-to-Date Decline: 68.86%

Forward PE: 5.06

Number of Hedge Fund Holders: 33

Walgreens Boots Alliance, Inc. (NASDAQ:WBA) serves as an integrated healthcare, pharmacy, and retail leader. The firm is present in 8 countries with a portfolio of consumer brands including Walgreens, Boots, Duane Reade, the No7 Beauty Company, and Benavides in Mexico. Additionally, it has a portfolio of healthcare-focused investments in certain countries including the US and China. The firm’s three segments include U.S. Retail Pharmacy, International, and U.S. Healthcare.

The firm is the largest retail health, pharmacy, and daily living destination across the US and Europe. It plays a crucial role in the healthcare ecosystem as a trusted, global innovator in retail pharmacy with over 12,500 locations across the United States, Europe, and Latin America. WBA benefits from a retail pharmacy-led store model. It has over 8,000 stores of which the majority, approximately 6,000 are profitable, supporting the firm’s conviction in in a retail pharmacy-led model. The firm has earned a solid position of trust with millions of customers which is commendable.

In the fiscal fourth quarter, sales increased 6% year-over-year to $37.5 billion, reflecting sales growth across all segments. Sales in fiscal 2024 were $147.7 billion, an increase of 6.2% as compared to the prior-year period. As the firm moves into fiscal 2025, it is reorienting to its legacy strength as a retail pharmacy-led company by optimizing its footprint and controlling costs. The firm announced an accretive footprint optimization program that targets approximately 1,200 closures over the next three years, including approximately 500 closures in fiscal 2025.

Building on a heritage going back more than 170 years, Walgreens Boots Alliance, Inc. (NASDAQ:WBA) currently has strong market positions in Europe and Latin America. As the firm stabilizes its core retail pharmacy business, it remains positive about reaping consumer as well as financial benefits in the long run.