Replies to post #10756 on Rite Aid Corp (RADCQ)

[roadkilll]

CVS just announced 10 million vaccinations by the end of March
Fed is now shipping 4 million vaccinations daily. 4x March average.

Rite Aid numbers could equal 20 million before end of year. The kind of windfall that transforms the balance sheet and gets Rite Aid P/S of 0.04 up nearer Walgreens 0.36. 10 bagger potential if Rite Aid has been able to fully staff for the vaccination demand. Should wallow sub $40 until Moodys takes note of balance sheet and upgrades the rating a couple of notches.

CVS also has a P/S of 0.36. I don't use it for value comparison because it is so heavily invested in Aetna.

WBA 0.36 P/S includes the underperforming Boots locations in Britain. Thinking Rite Aid is better situated to benefit from this vaccination windfall as all locations are in the US.

After the windfall it just gets better as there is a huge pent up demand for doctor visits and acute prescriptions as more people get vaccinated. And, Rite Aid will have millions of additional digital enrollees as a result of the vaccinations.