The year 2022 was a wild ride for investors as they navigated the unpredictable economic landscape. Despite initial optimism and growth in the market, the three major indices, NASDAQ, S&P 500, and Dow Jones, all saw their worst performances in over 15 years.

The NASDAQ, in particular, had a tumultuous year, experiencing a massive run in 2021 before losing more than a third of its value in 2022. However, in the darkest times, there is always a silver lining.

A bull run will always save the day, no matter how bad it gets in the stock market. Long-term investors love bear markets because they present an opportunity to stay ahead and buy for the bullish cycle. Today we will look at a value stock with the potent ingredients to double your investment in three to four years.

Walgreens Boots Alliance

First up in our list is healthcare equity, Walgreens, up 1.26% on Wednesday, at the time of press. Economic downturns barely affect healthcare stocks because of the everlasting need for prescription drugs and other healthcare services. However, Walgreens’ dependency on physical locations for stores and the effects of Covid 19 dropped their results.

With our long-term in mind and the easing of the pandemic, investors can get the company’s shares at a discount. But, aside from these rare events, the company is undertaking a large operation to uplift its organic growth, increase consumer loyalty and boost operating efficiency.

How Walgreens Aims to Stay Ahead

Walgreens is taking steps to stay ahead and secure its future in the ever-changing market. One of the ways it is doing so is through digitization and a shift from brick-and-mortar stores to online sales and distribution.

The company recognizes the importance of adapting to the digital world and invests in technology and e-commerce to increase sales and customer loyalty. Additionally, Walgreens is working to improve its operating efficiency, which will ultimately boost its organic growth. With these efforts, the company aims to weather any economic downturns and thrive in the long run.

Another reason Walgreens is a good stock to buy is its shift toward healthcare services. The company has acquired VillageMD, a provider of primary care services, as part of its effort to expand its healthcare offerings. Together, Walgreens and VillageMD now have over 200 stores and plan to open 1000 more.

This move is strategic, as the healthcare industry is a sure win to continue growing in the future, and Walgreens wants to be a part of that growth. If that is not enough, the company has consecutively increased the annual percentage payout for 47 years. Its 5.2% yield will give you leeway to double your money in the long term.