|Bid||2.22 x 5800|
|Ask||2.32 x 1600|
|Day's Range||2.22 - 2.27|
|52 Week Range||2.21 - 8.77|
|PE Ratio (TTM)||-35.16|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
I love deep value plays. The best investments I’ve ever made are seeing stocks at ridiculous prices, knowing they are worth far more, and buying at extreme lows. They lead to multi-baggers. Deep value plays are one strategy I employ in my stock advisory newsletter, The Liberty Portfolio. I’m not sure, but Rite Aid Corporation (NYSE:RAD), and therefore RAD stock, may be a deep value play.Source: Shutterstock
Few companies look as decisively bad as Rite Aid Corporation (NYSE:RAD), and yet maintain a dichotomous consensus. Despite its horrendous hemorrhaging in the markets, people are still buying Rite Aid shares. Finally, after the failure of the original Rite Aid and Walgreens Boots Alliance Inc (NASDAQ:WBA) deal, a modest number of analysts got bearish on RAD stock.
Rite Aid, Pier 1 Imports, and Vipshop Holdings offer market-beating potential as low-priced retail investments hungry to turn things around.