The No. 1 Stock to Buy Before Earnings Season

It's rare that investors get an opportunity to go back in time and make money.

In October 2014, JPMorgan Chase & Co. (NYSE: JPM) admitted that 83 million accounts had been hacked. The San Francisco Giants beat the Kansas City Royals in the World Series. And one of the best American stocks - a company tied to the future of America's healthcare system - hovered at $60 per share.

Just nine months later, in July 2015, it traded above $96 per share...

Now, only a few months into 2019, history is preparing to repeat itself. That same stock - rebounding from two difficult quarters - is back around $60 per share.

Weakness in the healthcare space and concerns about growth in U.S. economy have driven the decline.

But this is the type of environment our proprietary Money Morning Stock VQScore™ system thrives in. You see, it helps us identify stocks that are unloved and underpriced by the broader market.

And the system just rated this stock a "Strong Buy," indicating that demand for its shares is about to rise.

Learn How to Trade Like the Pros: Tom Gentile just recorded all of his most lucrative trading income secrets in America's No. 1 Pattern Trader Cash Course. This could set you up for life - and it'll only cost you $1...

Each day after the market closes, the VQScore analyzes every publicly traded company in the world. But only the 1,500 most profitable businesses even earn a score. And a rating of 4 or higher signals the stock is a "Strong Buy."

So, imagine our surprise this week when we dug through the numbers and saw one of the best breakout stocks imaginable sitting at the top of the list...

We're talking about a company that increased its annual sales in 2018 by 11.3%, hitting $131.5 billion. This stock's EPS jumped 33.6% over the last year to $5.05 per share. And the company that said that in 2019, its bottom line would increase by 7% to 12%.

This firm is the largest retail pharmacy across the United States and Europe. It has 13,200 stores in 11 countries and operates a massive pharmaceutical wholesale business around the globe.

Now, we're looking at a chance to repeat history - and make 52% on our money in 2019.

Let's get started...

This Is the Best Breakout Stock to Buy

[mmpazkzone name="in-story" network="9794" site="307044" id="137008" type="4"]

Walgreens Boots Alliance Inc. (NYSE: WBA) has a VQScore of 4.75. After two tough quarters that saw Wall Street pull away, the stock is trading at an incredible discount.

With shares now sitting at $62.50 per share, investors have an opportunity to make an easy 10% ahead of its upcoming earnings report.

Since last year, many challenges have hit Walgreens, starting with the news that Amazon.com Inc. (NASDAQ: AMZN) purchased an online pharmacy startup.

For some reason, Wall Street thought that an online pharmacy with just $100 million in annual revenue was going to immediately displace a firm with $64.3 billion in prescription revenue in 2017... But rest assured, Amazon will not be able to quickly displace the behemoth, Walgreens.

Investors also raised concerns about the healthcare initiative set up by JPMorgan, Berkshire Hathaway, and Amazon.com. And recently, worries about guidance have complemented concerns about slowing growth around the globe.

But remember how Walgreens made a massive run to $96 per share in July 2015?

Well, the stock is trading at significantly lower levels than it was then. By almost every metric, Walgreens is deeply undervalued today...

In 2015, it traded at an average price-to-book value of 2.93. Today, it trades at 2.56 times book value.

Price-to-forward-earnings traded at 18.83 in 2015 - today it trades at 9.69.

Its price-to-free-cash-flow sat at 15.84. Today, it's sitting at just 9.82.

And its enterprise value/EBIT has fallen from 23.72 down to 12.15.

Right now, the price of Walgreens is sitting at its lowest levels in five years. But with earnings around the corner, Wall Street is bullish on the future.

The consensus analyst 12-month price target for WBA is $70.45. That's a conservative 12.7% higher from today's price.

But the most important number to focus on is the VQScore. Since Walgreens just earned one of our highest scores, the stock is ready to take off before it reports earnings on April 2.

This stock could easily push back to the mid-$90s once again in the next 12 months. When it hits $95 per share, you'll reap a 52% windfall.

You Can Learn How to Trade Like the Pros - for Just $1

America's No. 1 Pattern Trader Tom Gentile is giving you a rare opportunity to learn how to amass a constant stream of extra cash - year in and year out.

And he's going to teach you how to do it entirely on your own.

People have paid up to $30,000 to access his secrets... but it can all be yours for only $1.

Go here to claim your seat in America's No. 1 Pattern Trader Cash Course...

Follow Money Morning onFacebook and Twitter.