Did Jim Cramer Nail or Miss These 14 Stocks?

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

Number of Hedge Fund Holders: 46

Walgreens Boots Alliance, Inc. (NASDAQ:WBA) operates as a global pharmacy-led health and wellbeing enterprise. Cramer addressed Walgreens as part of the Dow laggards list at the time:

“We had the CEO Tim Wentworth on the show talking about a game plan. And I think he can turn this thing around within the year. I know it’s not within the month or the current quarter, but  he is basically turning this towards becoming a real pharmacy, and that could take a little time to rebuild. But there’s no hurry to buy this one; this story is going to take a long time to play out.”

Walgreens Boots Alliance, Inc. (NASDAQ:WBA) has declined 42.94% since that episode.

Although Jim Cramer still talks highly about the company’s CEO, it looks like he changed his stance in recent episodes. Here’s what he said on the 17th of March this year:

“No, it’s over. They’ve got a deal, they’ve got a terrific deal with Sycamore. It’s just, Mr. Wentworth gave you the best he could and I would just take the, what your position you have off the table and go by Costco, which I think is not gonna need any help whatsoever.”

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