5 Worst Performing Blue Chip Stocks in 2023

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

Year to Date Share Price Returns: -21.08%

Walgreens Boots Alliance, Inc. (NASDAQ:WBA) is an American pharmaceutical retailer and one of the largest of its kind. The share price drop this year provides the shares with a sizeable upside based on the average analyst share price target of $33.53.

As of Q1 2023 end, 39 of the 943 hedge funds part of Insider Monkey’s database had bought Walgreens Boots Alliance, Inc. (NASDAQ:WBA)’s shares. Out of these, the biggest stakeholder is Stephen Dubois’ Camber Capital Management with an investment of $224 million.

Follow Walgreens Boots Alliance Inc. (NASDAQ:WBA)

Disclosure: None. You can also take a look at 10 Dow Stocks Billionaires Are Loading Up On and 12 Best Quality Penny Stocks to Buy.

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