Walgreens Boots Alliance (NASDAQ: WBA) got the bad news out early in 2024. The pharmacy company is cutting its dividend by nearly 50%. That ended a streak of 47 years of dividend growth. That reduction will enable Walgreens to retain more cash to fund its growth and strengthen its balance sheet. Here’s a look at whether […]
Tag: BeatenDown
2 Beaten-Down Energy Stocks to Buy on the Dip (and 1 to Avoid Like the Plague)
Last year was a challenging one for the energy sector. Lower oil and gas prices, along with higher interest rates, weighed on the sector. Energy stocks in the S&P 500 index lost about 4% on the year, compared to a 24% gain for the broader market index. That sell-off has many energy stocks looking like […]
3 Beaten-Down Dow Jones Stocks That Dividend Investors Should Scoop Up in 2024
The Dow Jones Industrial Average delivered a bounce-back year in 2023. The iconic stock market benchmark rallied roughly 14% (recovering from a nearly 11% slide in 2022). However, not all Dow Jones stocks were in rally mode in 2023. Several lagged the index last year, led by Walgreens Boots Alliance (NASDAQ: WBA), Chevron (NYSE: CVX), […]
5 Beaten-Down Stocks That Could Soar in 2024
GettyImages-2024 gold balloons Now is a great time to make a list and check it twice — but unlike Santa Claus, I’m not talking about a gift list. Instead, this list is all about stocks to buy in order to set yourself up for an exciting investment future. You should first prioritize buying shares of […]