Dollar General Stock: Buy, Sell, or Hold?
I believe that shares of discount retailer Dollar General (NYSE: DG) are attractively priced for long-term investors right now. Therefore, I won't bury the lede: I think Dollar General stock is a good buy today.
I'll explain why I believe Dollar General stock is a good buy. But I'll also explain why some investors could rightly want to hold or sell their stakes.
Through the first half of its fiscal 2023 (which ended Aug. 4), Dollar General's net income is down 20% from the same period of 2022. This sharp drop-off in profitability has resulted in the greatest pullback ever for Dollar General stock. It's currently down 51% from its all-time high. Therefore, now looks like a great time to buy.
Source Fool.com
