Fred’s Inc.

FRED-O

Analysis and Opinions about FRED-O

Signal
Opinion
Expert
TOP PICK
TOP PICK
May 22, 2018

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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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) 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 Fred’s Inc. 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.

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 (). It is usually referred to as or FRED-O

Is Fred’s Inc. a buy or a sell?

In the last year, there was no coverage of Fred’s Inc. published on Stockchase.

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 help on deciding if you should buy, sell or hold the stock.

Is Fred’s Inc. worth watching?

In the last year, there was no coverage of Fred’s Inc. published on Stockchase.

What is Fred’s Inc. stock price?

On , Fred’s Inc. (FRED-O) stock closed at a price of $.