Down Over 60%, Is Walgreens Boots Alliance a Bad-News Buy?

After falling a long way, the pharmacy stock is trading at a surprisingly low valuation.Shares of Walgreens Boots Alliance (WBA -0.78%) were hammered about 20% lower on June 27. Investors were responding to a lowered forward outlook, and it isn't the first time in recent memory that the company's given shareholders disappointing news.When the market closed on June 27, shares of Walgreens stock were down by 60.5% from a peak they set last summer. At its beaten-down price, the stock offers a huge 8.2% dividen ...