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Hot inflation cools Wall Street, TSX climbsTech extends rally to new highsTSX climbs, Wall Street mixedThis summary was created by AI, based on 17 opinions in the last 12 months.
Dollar General Corp. has been experiencing challenges such as shoplifting, trouble finding workers, and losing market share in categories like groceries. However, some experts believe that the recent market selloff has created a buying opportunity, and the company's large footprint for retail sales across America indicates potential for a value play. The stock has also been influenced by factors such as cost inflation, consumer buying trends, and shrink (theft). Overall, the company has been delivering value to shoppers for over 75 years by offering everyday products at low prices.
Down 47% in 2023 and an S&P dog. Shoplifting and trouble finding workers didn't help. Also, the economy didn't crumble as expected. The new CEO could turn things around.
Company has been a "turn around story" the past year. Recent market selloff creating buying opportunity. Stores located across America which creates large footprint for retail sales.
The question was on his preference between Dollar General and Dollar Tree in the U.S. Dollar General has cratered so it looks like a buying opportunity but actually isn't since it benefited from the pandemic and may just be returning to normal levels. This also causes him to be cautious on Dollar Tree.
USA dollar store market very competitive. In the Canadian market, DOL essentially has no competitors so he prefers DOL. Ability to compete is hard to predict. Better options for investors in sector.
The dollar stores have reported disappointing numbers recently, triggering a long sell-off.
Last week, they reported a bad miss and got punished. Maybe they're facing too much competition from Costco's deals.
Its earnings release on June 1, 2023, missing both earnings and sales estimates sent shares significantly lower. The broader markets began moving higher in May as investors felt more confident in the economy and the markets, and consumer staples stocks, which were a safe haven for investors in an uncertain period from 2022, moved lower in May. The move was mostly sentiment and risk-related, until its earnings release in June which sent shares even lower.
We feel its valuation is now more in line with its historical range, and if earnings can meet or beat estimates, we would expect shares to gradually climb back.
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If rates remain high, these retailers will be challenged. In a recession, he prefers healthcare and utilities (long, fixed contracts).
It is the worst performing consuming name he owns among seven. Has had challenges, fundamentally and technically. Hope things work out.
DG has executed very well but they've been dealing with cost inflation, consumers buying lower-margin consumables vs. discretionary and "shrink" (theft). Owns Dollar Tree, which suffers similar problems, but DT has been introducing more price points as the new CEO restructure, so she sees more potential here.
Recently hit a 52 week low.
Fundamentals better in Canada than USA.
Revenues recently disjointed analysts.
Inflation hitting company hard with rising costs.
Dollarama better investment.
Pass at this time.
They hosted a terrible conference call. DG has lost its way. He wants to ring the neck of management.
They just delivered a horrible quarter, blaming a weak economy, but that's strange because these bargain stores are supposed to thrive when the consumer feels stretched. DG is losing market share in categories like groceries. Three analysts have downgraded them.
Dollar General Corp. is a American stock, trading under the symbol DG-N on the New York Stock Exchange (DG). It is usually referred to as NYSE:DG or DG-N
In the last year, 10 stock analysts published opinions about DG-N. 3 analysts recommended to BUY the stock. 7 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Dollar General Corp..
Dollar General Corp. was recommended as a Top Pick by on . Read the latest stock experts ratings for Dollar General Corp..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
10 stock analysts on Stockchase covered Dollar General Corp. In the last year. It is a trending stock that is worth watching.
On 2024-03-28, Dollar General Corp. (DG-N) stock closed at a price of $156.315.
His firm name is "ValueTrend" for a reason. A lot of tech and growth stocks are way overdone. Everyone's piling in due to FOMO, and that's what's driving the market. He doesn't want to be the last guy in the elevator before the cable snaps. Looks as though it's starting to break out, worst is over.
(Analysts’ price target is $142.07)Remember, he legs in by 2% at a time up to a full position of 6%. Old neckline is around $200. Not bad upside. If it breaks down below the last low, you sell. Good opportunity for a value play. Yield is 1.69%.