Jim Cramer Discusses These 10 Stocks & Says There’s “Pain” Ahead

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

Number of Hedge Fund Holders In Q4 2024: 46

Walgreens Boots Alliance, Inc. (NASDAQ:WBA) is an embattled American pharmacy retailer whose shares closed 2024 after shedding 63%. The stock fell as the firm’s pharmacy footprint bled money as it struggled with consumer spending and reimbursements. Walgreens Boots Alliance, Inc. (NASDAQ:WBA) has been a continued center of acquisition-related chatter, and matters peaked in March when the shares jumped by 5.7% after confirmation of a go-private deal. Here is what Cramer said:

“Look cause I’ve always loved Sweeney, with Sycamore. And I think the world of Wentworth.

“I think Wentworth saved the company. I think that this is a company that may have been, on death row. I think they bought so much. . .but the lock and key is really, that’s the Achilles Heel, the actual brick and mortar, Amazon, lurking. Amazon wanting that business. Amazon same day, Amazon, hourly. These are all things that just make it so the Walgreens situation’s too hard. Now, I know that Walgreens told me that the only stores that are open still are money making. Which is what I think Sweeney’s looking at. I do think that Wentworth gave you some upside which is terrific. I’m sure that people were mad at Wentworth because he sold so low so to speak. I think he saved it. I think he saved the jobs. I’m proud of what he did.

“I’d like to just buy a call on Wentworth, sell the call on the President, buy the call on Wentworth. Don’t sell the put on the President. That could be deadly.”