I made a bunch on DG a few years ago thanks to Mungofitch (now appearing at Shrewdm.com), and have been away from it while it posted its mighty decline. Now Barron’s says maybe it’s time for a return:
Dollar General Is No Walmart. Buy the Stock Anyway.
Dollar General is seeking to restore its standing with investors after a tough few years for the company and its shares. The stock now looks like a bargain.
The leader in the “dollar store” market certainly has fallen on hard times. Its stock has dropped 70% since a 2022 high, and its earnings have been cut in half over the same period. Shares have been hammered over the past six months as Dollar General’s two most recent earnings releases have fallen short of estimates. Wall Street, meanwhile, is skeptical that the former retailing favorite can fend off Walmart and others catering to low-income shoppers.
That view may be too pessimistic. The company has a depressed stock, depressed earnings, a solid balance sheet, and a well-defined position in rural areas that no other retailer can match
(I know this doesn’t belong under the “ddd” tag, but I can’t find the Dollar General DG or anything even close to it, and this software demands “at least 1 tag”. Fine. It’s wrong, I know it’s wrong, but have it your way, Fool.)
That’s what the new-company-tag is for - you use it, we’ll see it and if it’s a company that makes sense for discussion, we create a tag for it. (we’re probably not going to create tags for things like penny stocks and similar things though)
I created DG after reading this post and then updated the tag, changing it from3D systems, which the OP used, to the newly created tag. Goofy was right - it wasn’t there prior to this.
If you select dg it will take you to the dollar-general board - tickers are synonyms for the companies. Same with aapl going to Apple, tsla going to Tesla etc. You can use either tag on a post in Stocks A to Z - choosing DG will just end up with Dollar General being populated after posting.