#6 - Dollar Tree (NASDAQ:DLTR)
Dollar Tree (NASDAQ: DLTR) - Consumers love a bargain. That seems to be the case with Dollar Tree and its family of companies. The discount retailer doesn't require a sputtering economy to make a solid case for investors. Consider these numbers. In 2017, the company's annual revenue increased by 33.69% year-over-year. They followed that up with a 7.37% year-over-year increase from 2017 to 2018. And so far 2019 is showing a similar story with the stock up almost 3% on a year-over-year basis. You get the point, despite competing in a competitive retail space, the company is finding a way to maximize shareholder value. Ironically, one of the more appealing aspects of the stock moving forward is their initiative to raise prices on select items which should produce a short-term bump in revenue. Dollar Tree is not a smooth ride. When their stock price does pull back it tends to do so in a big way. However, the trend of the stock has been consistently positive, a fact that is not lost on investors.
About Dollar Tree
Dollar Tree, Inc operates retail discount stores. The company operates in two segments, Dollar Tree and Family Dollar. The Dollar Tree segment offers merchandise at the fixed price of $ 1.25. It provides consumable merchandise, which includes everyday consumables, such as household paper and chemicals, food, candy, health, personal care products, and frozen and refrigerated food; variety merchandise comprising toys, durable housewares, gifts, stationery, party goods, greeting cards, softlines, arts and crafts supplies, and other items; and seasonal goods that include Christmas, Easter, Halloween, and Valentine's Day merchandise.
Read More - Current Price
- $106.77
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 13 Buy Ratings, 6 Hold Ratings, 1 Sell Ratings.
- Consensus Price Target
- $142.45 (33.4% Upside)
