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It's the review of the most popular stocks on social media. It's posted weekly to give you another view on the trending stocks, so you will not waste your precious time on scrolling social media feeds.

TOP PICK
Rite Aid Corporation is on the front lines of delivering healthcare services and retail products to more than 1.6 million Americans daily. Our pharmacists are uniquely positioned to engage with customers and improve their health outcomes. The company provides an array of whole being health products and services for the entire family through over 2,400 retail pharmacy locations across 17 states. Through Elixir, we provide pharmacy benefits and services to approximately 4 million members nationwide. Social media mentions are up 650% in the past 24h.
specialty stores
HOLD

It has been one of his biggest losers. At this point it is an iffy company. He is holding it because he thinks there is some upside. They could get taken out still.

specialty stores
COMMENT

Getting a $5 billion injection from Walgreen which will help with their long-term debt. Has had his brains blown out of the water on this stock. Bought it as an arbitrage play because of Walgreen. Has bought more recently. This has been one of his big losers. He is happy to hold it as he thinks it has a lot of upside. Same-store sales going down in a company is not great.

specialty stores
DON'T BUY

The deal to be acquired by Walgreens (WBA-Q) didn’t get off the ground. There were some antitrust issues. However, they struck a deal to buy individual stores. It is going to take Walgreens from about 8000 stores to about 10,000, which will compete pretty much head-to-head with CVS (CVS-N). These stores are not as efficient and need some work. Also the company needs some capital, because they need to improve their offering.

specialty stores
HOLD

Doesn’t think there is really an issue with this stock. Pharmacies haven’t quite been where the action is in the healthcare vertical. This is a decent name.

specialty stores
PAST TOP PICK

(A Top Pick Oct 11/16. Down 3.59%.) This was and is subject to a takeover offer by Walgreens. Sold his holdings at about $8.30.

specialty stores
TOP PICK

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.

specialty stores
COMMENT

He doesn’t cover this, because as a pharmacy it is considered a consumer staple. Right now this is being subject to a takeover by Walgreen Boots Alliance (WBA-Q).

specialty stores
COMMENT

This has been the “sick man” of the pharmacy business. It is now dominated by CVS and the Walgreen conglomerate, and there would be serious anti-trust concerns if one of those 2 bought this company. A great sector to be in.

specialty stores
DON'T BUY

Pharmacy stocks are defensive holdings overall. The best time from a seasonal perspective, is really when everybody else is perturbed by the market, which is in the summer months. He wouldn’t be investing in this right now. Chart shows this is still in a downward trend.

specialty stores
DON'T BUY

The type of company that tends to hold in pretty well in weak markets. Weak markets are where you can get good companies that haven’t held in well and don’t seem all that safe. There are other places that he would go to, but in a different sector.

specialty stores
DON'T BUY

Just announced that some of their earnings are going to be rough going forward. He prefers CVS Health (CVS-N). Rite Aid has been beaten up quite a bit.

specialty stores
DON'T BUY

Thinks the turnaround has been completed. They are now profitable again, not hugely so, but thinks they have turned the corner. The stock has rebounded dramatically from its lows. This is the 3rd biggest player in its group and he doesn’t see how you would want to pay 25X earnings for this, compared to 17 to 20 times earnings for CVS (CVS-N) or Walgreen’s (WBA-Q), which have a lot more going for them. Good sector.

specialty stores
HOLD

Looked at this when it was around $2. Didn’t like the salaries of managers. Had a big debt load. This is still on his Watch List and he is watching for further weakness in the sector. A good sector to be in because drug companies are tremendous at marketing people.

specialty stores
DON'T BUY

Has Walgreen and CVS. This is the poor cousin. They had a tough with input costs and the stock was hurt badly. It will probably recover, but when you can buy the other two, just go with them. This one is more speculative.

specialty stores
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Rite Aid Corp.(RAD-N) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Rite Aid Corp. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Rite Aid Corp.(RAD-N) Frequently Asked Questions

What is Rite Aid Corp. stock symbol?

Rite Aid Corp. is a American stock, trading under the symbol RAD-N on the New York Stock Exchange (RAD). It is usually referred to as NYSE:RAD or RAD-N

Is Rite Aid Corp. a buy or a sell?

In the last year, there was no coverage of Rite Aid Corp. published on Stockchase.

Is Rite Aid Corp. a good investment or a top pick?

Rite Aid Corp. was recommended as a Top Pick by on . Read the latest stock experts ratings for Rite Aid Corp..

Why is Rite Aid Corp. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Rite Aid Corp. worth watching?

In the last year, there was no coverage of Rite Aid Corp. published on Stockchase.

What is Rite Aid Corp. stock price?

On 2022-11-22, Rite Aid Corp. (RAD-N) stock closed at a price of $5.25.