Is Rite Aid Corporation (RAD) Still a Buy?

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Another advantage CVS and Walgreen have over Rite Aid is that the two former companies also offer dividend. Currently, CVS’s annual dividend yield is 1.5%; Walgreen’s annual dividend yield is 2.2%.

Take Away

Despite Rite Aid’s rise in profitability and its regained stability, the company is still dragging far behind other drug stores chains. I think the company’s deficit in equity, the ongoing fall in revenues, and the moderate decline in the health stores sector should steer investors away from this company.

The article Will Rite Aid’s Rally Continue? originally appeared on Fool.com and is written by Lior Cohen.

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