|Last Price$7.71||Day Change (%)-0.77%|
|Open Price$7.68||Day Change ($)-0.06|
|Day Range7.66–7.75||52-Week Range5.88–9.47|
As of Fri 6/24/2016 7:35:00 PM | USD
Rite Aid Foundation Donates $50,000 to American Red Cross to Assist with Flood Relief Efforts in West Virginia
If investors can get past valuations in the consumer staples sector, there are a raft of low-cost ETF options offering access to the space.
Beaten down by the specter of rising interest rates, a sluggish emerging-markets consumer, and currency headwinds, the U.S. consumer staples sector offers strong dividends, high-quality stocks, and an attractive relative valuation.
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Rite Aid has helped its prospects through a recent acquisition, but plenty of risks remain.
Despite falling cigarette demand, the tobacco titan should continue to deliver cash flow and dividend growth.