Barchart.com's Chart of the Day - Walgreens Boots Alliance
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 WBA - Walgreens Boots Alliance
SymLastChgPct
WBA79.79-2.13-2.60%

The Barchart Chart of the Day belongs to the drugstore chain Walgreens Boot Alliance (WBA). I found the stock my using Barchart to sort the Top Stocks to Own list by the most frequent number of new highs in the last month, then used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Spotter signaled a buy on 10/15 the stock gained 6.89%.

Walgreens Boots Alliance, Inc. operates as a retail drugstore chain. The Company sells prescription and non-prescription drugs, as well as general merchandise products, including household items, convenience and fresh foods, personal care, beauty care, photofinishing and candy. Its pharmacy, health and wellness services include retail, specialty, infusion and respiratory services, mail service and convenient care clinics. The Company offers its products and services through drugstores, as well as through mail, by telephone and online. Walgreens Boots Alliance, Inc., is based in Deerfield, Illinois.

WBA

Barchart's Opinion Trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com website when you read this report.

Barchart technical indicators:

  • 96% technical buy signals
  • 19.80+ Weighted Alpha
  • 19.44% gain in the last year
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 11 new highs and up 10.15% in the last month
  • Relative Strength Index 66.62%
  • Technical support level at 78.40%
  • Recently traded at 79.97 with a 50 day moving average of 73.09

Fundamental factors:

  • Market Cap $75.27 billion
  • P/E 13.27
  • Dividend yield 2.22%
  • Revenue expected to grow 4.70% this year and another 3.40% nextr year
  • Earnings estimated to increase 8.50% this year, an additional 8.10% next year and continue to compound at an annual rate of 10.63% for the next 5 years
  • Wall Street analysts issued 5 strong buy, 10 buy and 9 hold recommendations on the stock