Fred's, Inc. (FRED)
The Company and its subsidiaries is engaged in the sale of general merchandise through its retail discount stores and full service pharmacies.
Recs
Times are tough ... shopping at Fred's is cheap and doesn't make you feel dirty like shopping at WMT does.
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PureValue: Discount stores and pharmacies. No-nonsense retailer with a clearly structured balances sheet. Will survive and thrive. Cheap after recent pull back.
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The same folks who ditched their SUV's for Expensive hybrids because of gasoline prices will be counting their pennies. Couple that with the stimulus check that fizzled out, the mortgage resets yet to come, and out of sight inflation make this a no brainer.
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regular store for low income families to buy necessities
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Lesser known discounter.
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I've been watching them for 4 years now. New President, New remodels of over 200 stores, big changes corporatley.....
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take over target, cant loss, named after me.
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gaining market and people are getting tired of Wal mart
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Small cap with room to grow. Has advantage of pharmacy and goes after small towns.

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