But making Walgreens Boots Alliance an even more interesting and timely stock to look at, is the fact that in trading on Wednesday, shares of WBA entered into oversold territory, changing hands as low as $8.

It's tempting to gravitate toward dividend stocks that pay huge dividends. Take Walgreens Boots Alliance (NASDAQ: WBA) for example. The pharmacy chain's dividend yields over 11% at its current share price. In other words, investors get double-digit investment returns before factoring in any potential share price movement.

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