Reported 2 days ago
Jim Cramer recently highlighted Walgreens Boots Alliance, Inc. (WBA), a pharmaceutical retailer facing significant store closures following its acquisition by Sycamore Partners for $10 billion. Despite recent struggles and a reduction in operations, Cramer sees potential in WBA, noting improvements in business and a positive quarterly report. However, he also expresses concerns about competition from Amazon and suggests that while WBA is a viable investment, some AI stocks may offer better returns.
Source: YAHOO