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Dipanjan Banchur

Buy-Rated Walgreens Could Be a Recession Winner

WBA Walgreens Recession Dipanjan BanchurSince Robust Financials Walgreens Boots Alliance Inc

Walgreens Boots Alliance, Inc. (WBA) operates as a pharmacy-led health and beauty retailer. It operates through the Retail Pharmacy USA, Retail Pharmacy International, and Pharmaceutical Wholesale.

The consumer price index data revealed that inflation rose 8.6% in May from the year-ago period, the highest since December 1981. In its efforts to tame the surging inflation, the Federal Reserve has increased the benchmark interest rates thrice this year, with the recent 75 basis-point increase happening to be the most aggressive since 1994.

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One subscription that gives you access to news from hundreds of sites

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CBO chief warns it's 'probably not plausible' that a strong economy alone can steady U.S. debt as 5%-6% growth is needed—more than Bessent's 3% view

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