12 Best Low Price Pharma Stocks To Invest In Right Now

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

Share Price as of the Close of February 21: $10.16

Walgreens Boots Alliance, Inc. (NASDAQ:WBA) is an American multinational company providing retail, pharmacy, and healthcare services. In the US, Europe, and Latin America, the corporation operates about 12,500 outlets. Among the well-known brands in its portfolio are Benavides, o7 Beauty Company, Duane Reade, Boots, and Walgreens.

To better connect with its customers, Walgreens Boots Alliance, Inc. (NASDAQ:WBA) is reassessing its merchandising approach. It intends to increase the range of brands it offers while exercising discretion when choosing national brands, especially in the wellness and health sectors. More than 300 new owned brand products were introduced in fiscal 2024, and another 300 are scheduled to be introduced in fiscal 2025, positioning the company as one of the Best Low Price Pharma Stocks.

Over the next three years, Walgreens Boots Alliance, Inc. (NASDAQ:WBA) plans to shutter about 1,200 underperforming locations as part of a strategic footprint rationalization program. For fiscal 2025, the corporation plans to close over 500 locations. Walgreens Boots Alliance, Inc. (NASDAQ:WBA) anticipates enhanced free cash flow and adjusted earnings per share (EPS) as a result of this strategic move. Additionally, the company is concentrating on strategic cost control measures and maximizing its retail footprint.

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