Better Buy: Dollar General vs. Ulta Beauty Stock
Investors have placed discounts on both Dollar General (NYSE: DG) and Ulta Beauty (NASDAQ: ULTA) stocks this year. That's not a surprise given that the retailers each recently described worsening selling conditions as they reduced their 2023 outlooks. As a result, the two stocks have been left out of the rally in the S&P 500 this year.
Yet both businesses are growing, profitable, and have a long runway for store expansion ahead. These positive factors suggest they could be good buys for patient investors aiming to take advantage of the current low sentiment around their short-term prospects.
But which one is the better buy?
Source Fool.com
