Rite Aid Corporation (RAD): Growth at a Reasonable Price, or Takeover Target?
From Insider Monkey - Free Hedge Fund and Insider Trading Data
December 26, 2012 - 5:29pm
Rite Aid Corporation (NYSE:RAD) is a major growth opportunity, but also a takeover candidate. The drug company is up over 25% since last week thanks to quarterly results that showed profitability for the first time in over five years, driven by an increase in prescriptions. Rite Aid has posted losses since its 2007 acquisition of [...]
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