This topic has been discussed million times:
short answer is yes, but if you are in a competitive niche, you cant rank strong keywords without good backlinks, for very weak ones, here and there, you may rank some, but dont expect much.
This strategy only work when:
You throw hundreds of thousands articles in a site and expect you can get several hundreds IPs per day
And if you do a very good SEO to the above such site? You may get 10x more traffics...
So, everything is about competition, make your choice, it wants you play a game...