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The stock of Rite Aid (NYSE:RAD, 30-year Financials) shows every sign of being modestly overvalued, according to GuruFocus Value calculation.
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The company is a faithful dividend payer, with a forward annual dividend rate of $8.40 per share and a yield of approximately 1.5% based on current share prices. That dividend has increased by ...
Shares of Rite Aid ended Monday’s session higher after a day of highly volatile trading.
For premium support please call: 800-290-4726 more ways to reach us
For premium support please call: 800-290-4726 more ways to reach us
It's a rare moment when a losing call on volatile Rite Aid (NYSE:RAD) makes you a 28% profit. Let me explain: Back on Aug.7, I made a ridiculous statement that buying RAD stock for a short-term ...
Investors are betting big on its continued growth, valuing the stock at a premium price-to-earnings ratio of 63 at the moment. Optimism is high, but I think it is time to zig while others are zagging.