Jim Cramer Looked At These 23 Stocks Recently

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

Number of Hedge Fund Holders: 46

On Walgreens Boots Alliance, Inc.’s (NASDAQ:WBA) decision to go private, Cramer commented:

“Walgreens has made a comeback too, but it’s going private. Consider that one done. Do not want to own that. Do not want to buy it, whatever.”

Walgreens (NASDAQ:WBA) operates as a healthcare, pharmacy, and retail business. It provides services including retail drugstores, health and wellness products, pharmacy care, and specialty services. Ariel Investments stated the following regarding Walgreens Boots Alliance, Inc. (NASDAQ:WBA) in its Q4 2024 investor letter:

“Also in the quarter, we re-initiated our position in retail drugstore operator, Walgreens Boots Alliance, Inc. (NASDAQ:WBA) following the wash sale period for tax loss selling. Recent news reports suggest there is potential interest by a PE firm to take WBA private. We believe the strategic value of WBA’s nationwide footprint and future growth opportunities has substantial upside at today’s valuation. We did not exit any positions in the quarter.”

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