Is This Stock a No-Brainer Buy for Growth Investors?
Growth investing doesn't have to be difficult. Success can be attained by buying well-established businesses with strong brands and room for further growth. Consider Dollar Tree (NASDAQ: DLTR), which may not be a familiar name to growth investors. But its eponymous Dollar Tree and Family Dollar discount store chains are well-known to consumers throughout North America.
This should pique the interest of growth investors. Could the stock could be a good fit for their portfolios? Let's dig in to find out.
Tracing its roots back to 1953, Dollar Tree has grown immensely over the decades. The company's combined store count of its Dollar Tree and Family Dollar brands was over 16,300 throughout 48 U.S. states and five provinces in Canada as of Jan. 28.
Source Fool.com
