Back to top

Tale of the Tape

Dollar General Corporation (DG - Analyst Report) 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 - Analyst Report), PriceSmart Inc. (PSMT - Snapshot Report) and Best Buy Co., Inc. (BBY - Analyst Report). All these stocks carry a Zacks Rank #2 (Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>

Please login to Zacks.com or register to post a comment.