Is This Growth Stock a Recession-Proof Buy?
A U.S. recession could be on the horizon -- 81% of economists are predicting that the U.S. economy will enter into a recession within the next 24 months. And with so many economists and consumers alike holding these beliefs, an economic downturn could become a self-fulfilling prophecy.
Regardless of when the next recession hits, investors would be savvy to at least begin positioning their portfolios for such an event. And seeing as consumers typically look to get more value out of their money in tough times, Dollar Tree (NASDAQ: DLTR) could fare well in a recession.
But is the stock a buy for growth investors? Let's dig into the fundamentals of the discount store giant and its valuation to address this question.
Source Fool.com
