Great news Moody's Investors Service upgraded Rite Aid Corp.'s (RAD) $ 1.62 over WAG $40.97
WAG is a great Co. but for a return on investment RAD has mush more upside. Moody's Investors Service upgraded Rite Aid Corp.'s (RAD) credit rating by four notches after the drug-store operator refinanced its debt.
Pharmacy Chains Push Into Health Care
Pharmacy chains are branching out into health-care services, as a way to counter a slowdown in prescription drug sales and evolve beyond just dispensing pills. In the most recent development, Rite Aid Corp. will open 58 stores, across four markets, which contain in-store clinics providing virtual doctor visits conducted via Web camera. The walk-in clinics—which charge patients $45 for a 10-minute chat with a doctor on a computer monitor—will be rolled out Friday in Baltimore, Boston, Philadelphia and Pittsburgh. Previously, Rite Aid had piloted the virtual clinics in nine stores in the Detroit area. "Health care in the future is