Walgreens Rallies on Store Closure Plan. Is the Stock a Buy Now?

Has Walgreens stock finally put in a bottom? It's been a very difficult year for Walgreens Boots Alliance (WBA -3.70%), but the stock was climbing higher following its fiscal fourth-quarter earnings report and the details of its store closure plan. Nonetheless, the stock is still down about 60% year to date. Let's look at Walgreens' most recent quarterly report, its store closure plan, and whether or not it's time to buy the stock. Earnings and store closures plan The issues that have been hampering Walgree ...