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Compiling comments that experts make about stocks while on public TV.

2016-10-11

Opinion for Rite Aid Corp. (RAD-N)

Signal Price Bias Subject Owned
TOP PICK $7.370 BULLISH on HEALTH CARE HEALTHCARE Yes

About a year ago, Walgreen Boots Alliance (WBA-Q) wanted to take this over in a friendly deal, at $9. For the better part of 9 months, the stock didn’t move. There have been a number of M&A transactions in the healthcare space that didn’t work out, so all the risk arbitrage players who were focused on healthcare weren’t playing it. He is sure this is a transaction that is going to happen, which would give you a 20% lift.

Dean Orrico
President, Middlefield Capital Corp.

1 Comment

livesinhiscar

October 12th 2016 at 10:10am

What would be the downside if the deal is not approved?


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