Check out this high yielding Dow component that’s just starting to get going: Walgreens Boots Alliance ($WBA) (November 04, 2019)
WBA XOM WBA
I want to look at Walgreens Boots Alliance ( NASDAQ: WBA ). This is a Dow component and they pay a dividend that is more than twice what the DIA pays so this is a high yielding stock for a Dow component. Some are higher, Exxon ( NYSE: XOM ) would be one. But if you are looking for a stock that is just breaking out and coming out of a really, really long base I think Walgreens ( NASDAQ: WBA ) kind of does the deal for you.
With the market really strong I really think this is your trade. It would have been nice to have gotten this video, wouldn’t it, first thing this morning when I looked at this stock but I send them out at the end of the day, sorry. The stock is up nicely today; I think you can still get in on a break out above $60.00. I think this stock works and can also, frankly, you can also check out Mad Money Tuesday night and my bet is that Cramer is going to be covering this stock. I could be wrong but I don’t think I am, so check that out.
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