In addition, Prudential Financial develops and distributes individual variable and fixed annuity products, principally to the mass affluent and affluent markets, and individual variable, term and universal life insurance products to the mass middle, mass affluent and affluent markets in the United States. Further, it provides third-party life, health, Medicare, property and casualty, and term life products to retail shoppers through its digital and independent agent channels. The company offers its products and services to individual and institutional customers through its proprietary and third-party distribution networks.
Shareholders receive a 5.38% dividend. Last week, Raymond James initiated coverage with a Strong Buy rating. Its price target is $115, while the consensus target is lower at $102.20. Tuesday’s close for Prudential Financial stock was at $94.24, up close to 6% on the day.
Walgreens Boots Alliance
This huge drugstore chain operator is a safe retail play for investors looking to add health care now. Walgreens Boots Alliance Inc. (NASDAQ: WBA) operates as a pharmacy-led health and beauty retail company. It operates through three segments.
The Retail Pharmacy USA segment sells prescription drugs and an assortment of retail products, including health, wellness, beauty, personal care, consumable, and general merchandise products through its retail drugstores. It also provides specialty pharmacy services and mail services; this segment operates nearly 10,000 retail stores under the Walgreens and Duane Reade brands in the United States; and six specialty pharmacies.
The Retail Pharmacy International segment sells prescription drugs and health and wellness, beauty, personal care and other consumer products through its pharmacy-led health and beauty stores and optical practices, as well as online and an integrated mobile application. This segment operated 4,428 retail stores under the Boots, Benavides and Ahumada in the United Kingdom, Thailand, Norway, the Netherlands, Mexico and elsewhere, and 550 optical practices, including 165 on a franchise basis.
The Pharmaceutical Wholesale segment engages in the wholesale and distribution of specialty and generic pharmaceuticals, health and beauty products, and home health care supplies and equipment, as well as provides related services to pharmacies and other health care providers.
Walgreens Boots Alliance stock investors receive a 5.92% dividend. Not one firm on Wall Street has a Buy rating on the drugstore giant. The Barclays rating is Equal Weight, with a $45 price target. The consensus target is $40.96. The shares closed 3% higher on Tuesday at $33.39.
For a variety of reasons, despite their respective strength in the sectors they reside in, Wall Street does not like these seven top stocks and has not for some time. While some would say these all are value traps, the fact is the bear market has driven them to levels where the risk factor for investors with a long-term outlook is negligible, while the upside and the total return potential could be big.
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