Walgreens Comeback 2024 | $WBA Fundamental Analysis | Congress vs PBMs
This clip is from July 28th, 2024's Monthly Conference Call. I analyze the Fundamentals and Financials of Walgreens Boots Alliance ($WBA), updating my vision for where I see the company going in the future. Investing is a long term game and things don't change drastically over night, CEO Tim Wentworth has stated multiple times that Walgreens is in a turnaround but the team is focused. Congress sued the top 3 PBM's (Pharmacy Benefit Managers) for high prescription prices. If the courts rule in Congress's favor, this will benefit Walgreens for prescription profits moving forward.
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