Why Walgreens Boots Alliance Rallied This Week
Walgreens Boots Alliance(WBA) The Motley Fool·2024-10-18 16:44The company's earnings provided some hope for a turnaround -- but there's a long way to go.Shares of Walgreens Boots Alliance (WBA) rallied 15.1% this week through Friday at 11:09 a.m. ET, according to data from S&P Global Market Intelligence.Walgreens reported earnings this week, and while the reported results don't look great in and of themselves, they beat analyst expectations. Furthermore, the company gave better-than-feared guidance for 2025. But does this week's positivity make the stock a buy?A turna ...