Rite Aid Corporation (RAD) operates in an intensely competitive space that is likely to get monopolized by the likes of Amazon (NASDAQ:AMZN) and Walmart (NYSE:WMT). RAD also has substantial debt on its books, and the company reverse-split its stock 20-to-1 in 2019 to avoid getting delisted. The COVID-19 disruption too has poured boiling water over its festering financial wounds.

RAD has rallied in the recent past because of the Fed’s liquidity push. If you were connected with me on Twitter, you’d have started buying RAD or other stocks from as early as March 31, 2020.

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