Dollar General Corporation : There is still some upside potential
Entry price | Target | Stop-loss | Potential |
---|
$126.64 |
$138 |
$120 |
+8.97% |
---|
Shares in Dollar General Corporation show a positive technical chart pattern over the medium term. The timing to jump back on the rising trend seems good.
Summary● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
● In a short-term perspective, the company has interesting fundamentals.
Strengths● Predictions on business development from analysts polled by Thomson-Reuters are tight. This results from either a good visibility into core activities or accurate earnings releases.
● The group usually releases upbeat results with huge surprise rates.
● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
● The stock is in a well-established, long-term rising trend above the technical support level at 104.98 USD
Weaknesses● The stock is close to a major daily resistance at USD 136.23, which should be gotten rid of so as to gain new appreciation potential.
● The firm pays small or no dividend to shareholders. For that reason, it is not a yield company.
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