Jim Cramer Recently Discussed These 13 Stocks Interest Rates And Recession

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

Number of Hedge Fund Holders In Q3 2024: 33

Walgreens Boots Alliance, Inc. (NASDAQ:WBA) is one of the biggest pharmacy retailers in the US. The firm’s shares closed 2024 63% lower as it struggled with reimbursement problems and sluggish consumer spending that forced it to reduce its retail footprint by closing more than 1,200 shares. Walgreens Boots Alliance, Inc. (NASDAQ:WBA) has also struggled in the wake of President Trump’s comments about taking on the healthcare middlemen. Cramer believes that the firm’s management has the right approach for selling Walgreens Boots Alliance, Inc. (NASDAQ:WBA):

“Well I do want to take the other side of the trade from the point of view, that there is reset going to go on. But that I am seeing Walgreens say that things are not as disastrous. Walgreens is a huge chain.

“Yeah, look Walgreens, Tim Wentworth, I’m interviewing these guys, I’m going out to the healthcare conference. My big fear with the Walgreens was, they’re never gonna find a buyer.

“There, David has just said the most profound thing. . . . I will tell you this, Tim Wentworth is a seller. If you want to, that’s very important, the CEO. He was not a seller before. “

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