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Dollar General (DG) in Focus: Stock Up 6.1%

Dollar General Corporation (DG) was a big mover last session, as the company saw its shares rise by over 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $56.29 to $59.49 in the past one-month time frame.

This discount retailer has seen 4 negative revisions in the past one month, Also, the Zacks Consensus Estimate moved lower over the same period, suggesting trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s move higher can last.

Dollar General currently has a Zacks Rank #4 (Sell) while its Earnings ESP is negative.

Some better-ranked stocks in the retail discount and the broader retail industry include Big Lots Inc. (BIG), PriceSmart Inc. (PSMT) and Best Buy Co., Inc. (BBY). All these stocks carry a Zacks Rank #2 (Buy).

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DOLLAR GENERAL CORP (DG): Free Stock Analysis Report

BIG LOTS INC (BIG): Free Stock Analysis Report

PRICESMART INC (PSMT): Free Stock Analysis Report

BEST BUY INC (BBY): Free Stock Analysis Report


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