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Fred’s Inc. (FRED-O)

TOP PICK

This is an incredibly risky stock. Its price has declined so much that has become a very small cap ($60 million). It could go up 10x or go to 0. Fred’s is in the drug store business, was looking to take over some of the Rite Aid chain but did not. They’ve been losing bags of money. The new interim CEO wants to eliminate the company’s debt. They sold off their specialty pharma business to CVS and will sell more of the company. The company is cutting expenses. It could be taken over. Its book value is $6. (Analysts’ price target is $4.50)

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Fred’s Inc. (FRED-O) Frequently Asked Questions

What is Fred’s Inc. stock symbol?

Fred’s Inc. is a OTC stock, trading under the symbol FRED-O on the undefined (undefined). It is usually referred to as or FRED-O

Is Fred’s Inc. a buy or a sell?

In the last year, no analyst issued a Buy, Sell, or Hold rating on FRED-O on Stockchase. Read the latest expert commentary for Fred’s Inc..

Is Fred’s Inc. a good investment or a top pick?

Fred’s Inc. was recommended as a Top Pick by Benj Gallander on 2018-05-22. Read the latest stock experts ratings for Fred’s Inc..

Why is Fred’s Inc. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Fred’s Inc..

Is Fred’s Inc. worth watching?

Fred’s Inc. is covered by Stockchase experts and is worth watching.