Dollarama may be the giant that everyone thinks of when talking about dollar stores, but there are many promising names that have growth potential. No business is immune to Amazon but dollar stores have historically been able to make their way ahead of Walmart and are still growing strong in the low cost niche.
Here are 5 dollar store stocks that could compete with the e-commerce giant.
This segment will likely come out of this doing well. They will benefit from increased consumer thriftiness. He has others out there he prefers in this market segment, where growth opportunities are better.
They bought Family Dollar in 2015 but had problems integrating it, but it did double the size of DLTR. They have since integrated. DLTR trades at a discount to peers including Dollarama. It's attractively valued and resistant to a recession.
Stockchase Research Editor: Michael O'Reilly This discount retailer released strong earnings and continues to expand its business. In its earnings report released today EPS of $3.12 beat expectations of $2.47 and were up 92% from the previous year. Same store sales are up 15%. Management plans to complete a $2.5 billion share buyback by end-January.…
(A Top Pick Aug 08/18, Down 54%) He sold last fall around low-$40's so didn't suffer the drop to the low-$20's (where this stock is now).
$5 and below and for teenagers and tweens. He would buy if he did not already own it. Buy half and if it sells off, you can buy more.