Wednesday, June 5, 2013

My Stock of the Day: RAD


AAII’s 77 stock-selection strategies include one called Estimated Revenue: Top 30 Up, which is explained in detail alongside a table that supplies tech data on the 30 companies passing the strategy’s screening process.
RAD (Rite Aid) is at the top of the list.
The stock’s 5-year chart is mostly discouraging before 2013, but its 3-month chart is encouraging if not pleasantly invitational.
I don’t own RAD, but I’m watching it closely while I look for reason to believe the stock market has found a reasonably clear up or down trend, as suggested by RAD’s 3-month chart and also VTI’s. 
 

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