Latest news with #WalgreensBootsAllianceInc
Yahoo
28-05-2025
- Business
- Yahoo
Don't Bet on Walgreens Boots Alliance Stock in June
Drugstore stock Walgreens Boots Alliance Inc (NASDAQ:WBA) has been seeing muted price action for the past few months, ever since news that is taking the company private in a $10 billion deal. The stock was last seen flat at $11.21 today, but for those wondering if any sort of meaningful breakout is looming, June doesn't look good. Schaeffer's Senior Quantitative Analyst Rocky White compiled a list of the worst S&P 500 Index (SPX) stocks to own in June, going back a decade, and Walgreens Boots Alliance is at the top. WBA has averaged a loss of 3.7% for the month, finishing lower 80% of the time over the last 10 years. There is plenty of room for downgrades that could also provide headwinds: of the 15 analysts in coverage, two carry a "buy" or better and 11 a tepid "hold." An unwinding of optimism in the options pits could have the same effect. WBA's 10-day call/put volume ratio of 4.57 at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX) ranks higher than 84% of readings from the past year. Options look like a good way to go when weighing in. The stock's Schaeffer's Volatility Index (SVI) of 23% ranks in the low 12th percentile of its annual range, meaning options traders are pricing in low volatility expectations. WBA has tended to outperform these expectations as well, per its of 81 out of 100. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
28-05-2025
- Business
- Yahoo
10 Ways To Build Wealth Fast
Wealth-building is a process that generally takes time. Although the idea of becoming an overnight millionaire is appealing for many, especially for those working on savings plans and retirement accounts, the only real way to get rich overnight is an inheritance or a lottery win. Learn More: For You: Ironically, the best way to build wealth 'fast' is to chart out a prudent path toward long-term gains. The quicker you can start saving and investing, the faster your money will compound, which is the true magic behind growing wealth over time. Here are 10 ways you can grow your net worth, achieve your financial goals and put some extra money in your savings account as rapidly as possible without taking on undue risk. The S&P 500 index doesn't guarantee profits, but it's proven itself time and time again to be a tremendous generator of long-term wealth. In fact, most investors are surprised to learn that the 'risky' stock market has never lost money over any 20-year rolling period. And yet, the long-term average return of the S&P 500 is north of 10%. This means the S&P 500 index has a tremendous risk/reward profile over the long run. Even legendary investor Warren Buffett, the 'Oracle of Omaha' himself, has directed his trustee to keep 90% of his money in an S&P 500 index fund after he passes. Dividend-paying stocks may seem like a slow and boring way to build wealth, but they are one of the best ways to tap into a solid and growing source of income The so-called 'Dividend Aristocrats' are large, well-known companies in the S&P 500 index, like Coca-Cola and McDonald's, that have raised their dividends for at least 25 years in a row. This means that those who bought these companies 25 years ago are earning huge effective yields on their original investment amount. Combined with the potential for capital gains, the Dividend Aristocrats can be a great way to build wealth. As of early 2025, the highest-paying dividend stock is Walgreens Boots Alliance Inc. (WBA) with a yield of 10.7%. Read Next: One of the key ways to build wealth fast — and over the long term — is to earn passive income. And one of the best ways to generate passive income is to own one (or several) rental properties. With a well-managed rental property, you'll receive a steady stream of income every month, with little additional effort required on your part. While you'll have to find tenants to move in and will have to deal with occasional maintenance issues, your income will essentially be on autopilot. Unlike your mortgage payment, your rents will continue to rise over time, meaning your tenants will be paying some or all of your mortgage while you watch your properties appreciate. The cost of living goes up nearly every year, and so does your experience and value to your company. As such, you shouldn't be afraid to ask for regular raises, both to keep up with the cost of inflation and to be paid what you're truly worth. This doesn't mean you should constantly pester your boss about getting paid more, but you should make the case, when appropriate, that your value should be reflected in your salary. Those who fail to ask for raises tend not to get them, so don't overlook this source of building your wealth. Most of the world's billionaires either inherited their money or started their own businesses. If you're looking to generate a large amount of wealth, starting and growing a successful company is one of the most likely paths. Of course, entrepreneurship is a risky proposition, as many new companies fail in just the first few years. However, if you can create a solid business idea, raise the appropriate funding and get the right people working for you, this high-risk, high-reward path can pave the way to a lifetime of wealth. If you're going to spend your life working for others, you'll have to make yourself as valuable as possible if you want to generate the most wealth. Educating yourself in a wide variety of fields and developing a diverse skill set are some of the best ways to demonstrate your value as an employee. Focus on specialized skill sets that are in high demand, such as those in the high-paying tech and financial industries, to give yourself the best opportunity to grow your wealth rapidly. Swiping your credit card to invest in yourself is money well spent as it comes with high returns. It's hard to generate sizable wealth on a single salary, even if you save a large portion of it. To build wealth fast, set up multiple streams of income. For example, in addition to your day job, pick up a side hustle that matches your talents and abilities. If you're a freelancer, try to find additional clients in a variety of different industries. Not only will this bring you additional income, but it will also help protect you during economic downturns if you happen to lose one of your sources of income. You can't begin any type of wealth-generation plan without having money to invest. As soon as you start drawing an income, make it your top priority to save as much money as you can. One strategy often recommended by advisors is to 'pay yourself first,' meaning put money in savings immediately when you receive your paycheck, even before you pay your bills. This type of 'forced savings' will require you to trim your discretionary spending but will also result in rapidly growing wealth. You'll never generate any wealth at all if you spend more than you earn. To set yourself up for a lifetime of prosperity, it's important to create a strict budget and stick to it. Make sure that in addition to all of your unavoidable expenses, you've got a significant line item for saving and investments. Every month that you can come in under budget, you're adding to your pool of lifetime wealth. Although being too speculative is a surefire way to risk all the savings you've worked for, being too conservative can be equally damaging in terms of limiting your wealth. Taking some risks in your financial life — from investing a bit more aggressively to starting your own business — is a necessary component if you want to generate outsized levels of wealth. Owning some stocks, real estate, your own business or even some cryptocurrencies are way to gain exposure to higher potential returns on your investments. Just understand that while speculation has a role in generating wealth, it also brings additional risk to the table. Caitlyn Moorhead and Brooke Barley contributed to the reporting for this article. More From GOBankingRates Mark Cuban Says Trump's Executive Order To Lower Medication Costs Has a 'Real Shot' -- Here's Why The 5 Car Brands Named the Least Reliable of 2025 This article originally appeared on 10 Ways To Build Wealth Fast
Bloomberg
31-01-2025
- Business
- Bloomberg
As Walgreens Looks to Save Cash, Suitor Sycamore Seeks Funding
Markets Private equity firm Sycamore speaking to private credit firms Drugstore chain halts quarterly dividend, rattling investors Walgreens Boots Alliance Inc. 's chairman and biggest shareholder, Stefano Pessina, has dealmaking in his DNA. Yet finding a deal to rescue the drugstore empire he built is proving difficult. When the Italian-born Pessina, 83, merged his Alliance Boots with the US pharmacy giant in 2014, it marked a crowning moment in a decades-long campaign to construct a pharmacy colossus.
Yahoo
28-01-2025
- Business
- Yahoo
Walgreens to close 500 stores before August. Is Oklahoma affected?
Walgreens announced more closures are on the horizon in 2025. The company planned to close about 1,200 underperforming stores in October to offset declining profits. Most of the lowered profits are the result of low drug reimbursement rates and sluggish retail sales. About 25% of Walgreens stores were 'not currently contributing to our long-term strategy,' Walgreens Boots Alliance Inc. CEO Timothy Wentworth said in June 2024 during a quarterly financial call. Here's what to expect for the future of the company. All of the 1,200 stores will not be closed in 2025. Instead, roughly 500 stores will close in fiscal year 2025, which ends in August 2025, Walgreens said. In the company's first quarter, from September to November, 70 stores were closed. They plan to close another 450 before the end of 2025. It is not known if any Oklahoma stores will close currently. There are 50 Oklahoma cities that have at least one Walgreens, according to their website. Shoppers may contact their local Walgreens to see if it is potentially affected. Mike Snider, USA TODAY, contributed to this report. This article originally appeared on Oklahoman: Walgreens to close 500 stores before August. Is Oklahoma affected?
