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Opinion on  Rite Aid Corp (RAD)     Sector: Services  >  Industry: Retail (Drugs)
Bullish on RAD ...

Apr 18, 2009 04:06 AM GMT
Return Risk
+0.00% LOW
Analyst

Fundamental Analysis  

I agree with willwillywilson! Excluding non-cash charges, Rite Aid has pared loss from FY-08 of ($1.29/sh.) to FY-09  loss of ($0.79/sh); and  Q4-08 loss ($0.29/sh) down to Q4-09 loss ($0.14/sh). New, energetic, savvy management and B/D members; over 26B revenue; shedding sub-producer stores; cost cutting; lots of new efficiencies; great potential.


RAD:  This call was made on 04/18/09 @ $0.63
Rating:   Positive   $0.63 (04/18/09)
Gain/Loss:   +106.35% in 232 days
Target:   $1.00 (+58.73%) in < two weeks


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