Is Dollar General Stock a Buy?
If you're thinking Dollar General's (NYSE: DG) best days are behind it, you're not alone. Analysts are calling for sharply slowing sales growth this year, leading to an outright contraction in earnings. This is a key reason its stock has been moving lower since October: Investors are simply taking things at their face value.
But the recent pullback is more likely to be an opportunity than an omen. This discounter has a few more growth cards to play against rival dollar stores like Big Lots and Dollar Tree than it's currently getting credit for, and it's better equipped to handle a looming increase in the nation's minimum wage than most people appreciate.
Image source: Dollar General.
Source Fool.com
