Rite Aid Corp (RAD)
$11.45 0.66 (5.45%)
19:59 EDT RAD Stock Quote Delayed 20 Minutes
Previous Close $11.45
Market Cap 12.21B
PE Ratio -33.68
Volume (Avg. Vol.) 3.20M
Day's Range 11.24 - 12.29
52-Week Range 0.43 - 23.88
Dividend & Yield N/A (N/A)
RAD Stock Predictions, Articles, and Rite Aid Corp News
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Should the economy not bounce back following the coronavirus, you’ll want to look at these recession-resistant stocks to buy.
These stocks have defied the 2020 selloff. This means they may be stocks to buy for investors betting a broad market bottom is on the way.
RAD stock has rallied nicely — and for good reason. While debt remains a key risk, there are positive developments worth highlighting.
RAD stock is on fire this week. And with a breakout apparently in the offing, $20 could be around the corner.
CEO-led turnaround has made RAD stock very valuable, and cheap based on 2020 outlook, as firm fundamentals lead to a higher stock price.
My regular readers know I never want to buck the tape, or go against the action in the market, which is why I am recommending a bullish call option on Rite Aid Corporation (NYSE:RAD).
RAD stock is trading as if the Rite Aid turnaround is a certainty, but it's anything but that, and that makes the stock quite risky.
Roku and Nvidia earnings previews, plus Centurylink, Rite Aid and Microsoft were our top stock trades for Friday.
RAD stock jumped higher off a strong Q4 earnings beat but without a viable recovery narrative. This is where the story ends.
There's an old investment saying that goes something like (forgive my paraphrasing) “credit leads equity.” What that means is that a company's corporate debt can be a tell about future price action in the stock. Rite Aid recently exchanged $600 million in notes coming due in 2023 for notes maturing in 2025. While that move will help with interest expense, at least one ratings agency doesn't see a reason to upgrade the company's flimsy credit rating.
Rite Aid is still a risky play, but the technicals finally look attractive and the fundamentals are improving for RAD stock.
Rite Aid shares have been seized with volatility, making RAD stock a toss-up play for bears and bulls alike.
By Thomas Niel
Outside of another short squeeze, it's tough to see RAD stock going higher long-term. Even after the rally, shares remain a sell.
RAD stock appears like an interesting bet considering its present market discount. However, speculators should be aware that the company’s financial health leaves much to be desired.
While markets may roar to all-time highs in 2020, these five stocks likely will miss the party and are stocks to sell in the new year.
By David Moadel
Bargains in the health-care sector like RAD stock don't come along all that often. It's time to go against the grain and pick up some shares.
RAD stock nearly tripled in the last month of 2019, but Rite Aid stock subsequently fell and looks poised for more declines.
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