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Rite Aid Corporation (RAD): Today's Featured Retail Winner

Rite Aid Corporation ( RAD) pushed the Retail industry higher today making it today's featured retail winner. The industry as a whole closed the day down 2.1%. By the end of trading, Rite Aid Corporation rose 8 cents (6.8%) to $1.25 on heavy volume. Throughout the day, 22.3 million shares of Rite Aid Corporation exchanged hands as compared to its average daily volume of 11.2 million shares. The stock ranged in a price between $1.23-$1.30 after having opened the day at $1.23 as compared to the previous trading day's close of $1.17. Other companies within the Retail industry that increased today were: Cache ( CACH), up 6%, Orchard Supply Hardware ( OSH), up 3.2%, China Jo-Jo Drugstores ( CJJD), up 3.1%, and Delhaize Group ( DEG), up 2%.

Rite Aid Corporation, through its subsidiaries, operates retail drugstores in the United States. The company's drugstores primarily offer pharmacy services. Rite Aid Corporation has a market cap of $1.08 billion and is part of the services sector. Shares are down 4.8% year to date as of the close of trading on Wednesday. Currently there are no analysts that rate Rite Aid Corporation a buy, one analyst rates it a sell, and three rate it a hold.

TheStreet Ratings rates Rite Aid Corporation as a sell. Among the areas we feel are negative, one of the most important has been poor profit margins.

On the negative front, Bed Bath & Beyond ( BBBY), down 17%, QKL Stores ( QKLS), down 12.3%, Builders FirstSource ( BLDR), down 9.3%, and Liquidity Service ( LQDT), down 7.2%, were all losers within the retail industry with Amazon.com ( AMZN) being today's retail industry loser.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the retail industry could consider SPDR S&P Retail ETF ( XRT) while those bearish on the retail industry could consider ProShares Ultra Sht Consumer Goods ( SZK).

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