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.
(A Top Pick Apr 12/18, Down 19%) He is still loyal to them and increased his position not long ago. The market is predicting better days ahead. They are still growing. They are aggressively buying back shares and opening new stores. It is very, very well run company. Debt is bumping up against levels that…
(A Top Pick Oct 4/16. Down 4.73%.) This got caught in the Amazon (AMZN-Q) fiasco. They created their own problems with a takeover of Family Dollar. Still thinks this is going to work in the longer-term.
10.625% Bonds due July 15/15. One of the largest heavy discount US retailers. No sales over $10. Because of the recession, same-store sales have been fantastic and growing about 8%-10%.
Has a model price of around $24. Has competition with Costco and Wal-Mart. Good double overnight or just stay where it is.
An interesting retail concept in the US, sort of focused in between more apparel than dollar stores, but more on apparel and consumables. At one point this was your highflying, high growth type business. What attracted him was that as the multiple de-rated, some of the drivers that were leading to the slowdown were not…