Menu
sharewise sharewise
Log in
Sign up
Log in
Sign up
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why I Just Bought Rite Aid Stock

TheMotleyFool 
0 0 16.07.17
Why I Just Bought Rite Aid StockPhoto, wide shot, wide-angle lens, Department store, sunset photo at golden hour, photo by Art Wolfe: https://img.midjourneyapi.xyz/temp/57f223bf-67a0-476b-94dd-76010fccb266.png
 

Shares of Rite Aid Corp. (NYSE: RAD) have been hammered since its merger with Walgreen Boots Alliance (NASDAQ: WBA) fell apart. The stock plummeted 26% on June 29 when the news broke, and has continued slide since, giving up as much as another 24%. All told, the stock is down 44% in just two weeks.

I've taken advantage of the sell-off to add some Rite Aid shares to my personal account. While it remains a risky play, there's several reasons why I believe the pharmacy chain has significant upside potential that makes it worth the risk.

Image source: Getty Images.

Continue reading


Source: Fool.com

Amazon.com Inc. Stock

€236.25
0.060%
With only a change of €0.15 (0.060%) the Amazon.com Inc. price is nearly unchanged from yesterday.
Our community is currently high on Amazon.com Inc. with 208 Buy predictions and 7 Sell predictions.
As a result the target price of 258 € shows a slightly positive potential of 9.21% compared to the current price of 236.25 € for Amazon.com Inc..
Show more
Like: 0
AMZN
Share

Comments

Not a member yet? Sign up for free!