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.
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Likes it quite a bit and it has proven itself over decades. It is currently not cheap but there is good growth prospects for the stock. Unlock Premium - Try 5i Free
Plays well into what's happening with the pandemic and changes in consumer behaviour. Prefers Dollar General, as it's in rural areas, with no Walmarts or Costcos. DLTR has lots of competition in the city and its latest acquisition hasn't worked out well. 9% earnings growth rate, while Dollar General has 13-14% earnings growth rate.
(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.