What is your opinion on owning Rite Aid Stock???

Question

Anything???

Answer 1

Well first it depends on someone's risk/reward tolerance and if they are investing short or long term. Because short term their investment could lose or gain 50% in value. And long term they could lose all their investment or gain xxxx% for a huge profit. Of course getting some options to buy could reduce the risk.

But someone would need to believe RAD could reduce the debt and have positive EPS instead of losing money. An added bonus would be if RAD could do both plus pay a nice dividend.

Or you could just go for the options and own the debt that pays a dividend.

Answer 2

I dunno - I think Eckerd's a better bet. lol

Answer 3

Well, you know that If you don't like it, you can take it back to the store for a full refund. :)

Seriously, I would just take some time to analyze chain growth potential and consider making a decision partly based on that.

Also, consider that any business with at least some connection to health care would not be the worst place to be tied to right now.  The need will always continue to grow.  The baby boomers are aging.

A friend of mine and I watched grocery store stocks in the 1990's.  I feel there's some relation - be careful that you don't invest in a chain store showing any sign of market oversatuation.  It can happen to any of them.

Answer 4

Baby boomers get older and sick they get more prescipions from ther doctors. keep it .Rite ad bought a lot of small drugs stores.  And there not just drug stores they sell eveything,Eckerds was bought out by R.A.