2006-10-16 20:20:01 · 3 answers · asked by cocoa 1 in Business & Finance ➔ Investing
The ticker symbol is RAD.
This stock has gone nowhere in six months. It was at $4.75 last May. It is not keeping up with the market, and is underperforming.
Volume has picked up in September, but still it goes sideways. Unless it breaks above $5, I wouldn't buy it.
This would not be in my top ten, if you want something that's going to move.
2006-10-17 04:37:43 · answer #1 · answered by dredude52 6 · 1⤊ 0⤋
Rite Aid (RAD) is a pretty average stock overall. Over the over 14,000 stocks, there are probably at least 1000 better ones that you might consider.
That said, let me tell you why about RAD first.
Fundamentally, other than 5 yr cash flow, there's nothing too exciting going on. Institutional money is leaving the stock and the sector. The group rank is in the bottom 5% of groups. The price rank is just above average. And earnings estimates are estimated to be about a C on a ABCD scale.
Technically, it's been in a sideways channel since April (between 4.75 and 4.25ish)
It has had some momentum since midJune, but still hasn't been able to break 4.90. At 4.60, you could try it, with a stop set at either 4.40 or 4.30, but then your reward to risk might not fit your rules.
So does this make sense?
Go to finance.yahoo.com and pull up the YTD or 1 yr chart on RAD. Then pull it up for KSS (Kohls) or AEOS (Am Eagle Outfitters). Do you see the difference in how you might get a little more excited about one vs. the other?
I wish I had better news, but I hope that I was at least able to help.
2006-10-18 02:07:28 · answer #2 · answered by Yada Yada Yada 7 · 2⤊ 0⤋
buy Buy BUY BUY!!! This stock is way undervalued, with a ridiculously low PE and PS. Sink your whole life savings into it!!
OK, maybe not your whole life savings, but up to 5% of your portfolio. Then plan what you're going to do when you get rich Rich RICH RICH! Ah Ha ha ha ha ha ha ha ha!
2006-10-17 18:45:51 · answer #3 · answered by Yardbird 5 · 0⤊ 1⤋