#4 - Dollar General (NYSE:DG)
If you haven’t been paying attention to Dollar General (NYSE:DG), you might want to take a closer look. Because Dollar General has been expanding and innovating, and investors have taken notice. Dollar General stores can now be found in 45 states. And despite its expansion, the discount store continues to increase same-store sales every year for the last 30 years.
The company is also taking on new initiatives to further broaden its appeal. First, the company has introduced DG Fresh, which allows the company to ship fresh and frozen produce directly to its stores. This is addressing an important issue that the lack of fresh ingredients perpetuates poor eating habits among a population that is most at risk.
Another initiative is its Fast Track, self-checkout. While not available in all stores, it does show that the company is looking for ways to give customers options they have at larger chain stores.
DG stock is up over 20% for the year and close to 40% since the market selloff in May.
About Dollar General
Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States. It offers consumable products, including paper and cleaning products, such as paper towels, bath tissues, paper dinnerware, trash and storage bags, disinfectants, and laundry products; packaged food comprising cereals, pasta, canned soups, fruits and vegetables, condiments, spices, sugar, and flour; and perishables that include milk, eggs, bread, refrigerated and frozen food, beer, and wine.
Read More - Current Price
- $76.40
- Consensus Rating
- Hold
- Ratings Breakdown
- 9 Buy Ratings, 13 Hold Ratings, 1 Sell Ratings.
- Consensus Price Target
- $98.27 (28.6% Upside)
