While Dollar General is dethroned from its "defensive"status, does the stock have sizable upside if the management is successful in delivering balance sheet discipline & improved business outlook?
Nice work, best for a short term bull, with the strikes by the Auto workers and the skirmishes and proxy war (read political money laundry on going ). They put that stab in the back speaker back in the diver’s seat.. No way out, unholy inflation will continue, but a short bull opportunity on options if you hedge correctly coming and going. I’m looking for a dead cat bounce.
Earlier this year I was actually looking for some defensive plays for my portfolio and DG came up across my screener. It’s certainly interesting but management hasn’t impressed me as of late. Medium term bearish, long term bull if they can fix management issues.
I am fully with you. Q3 earnings have to show that the management is taking things seriously. If it does, I actually think the stock may have serious upside, similar to how Meta did last year.
Thanks for covering this. I was watching the General closely but I still am going to wait a bit. Management turnover takes time to trickle down to financial performances. See Disney, Intel
100%. Until the management shows that they can materially improve the balance sheets and overall outlook with the old CEO back, I don't see investor confidence coming back in strength. Let's see how the Q3 earnings fare.
Nice work, best for a short term bull, with the strikes by the Auto workers and the skirmishes and proxy war (read political money laundry on going ). They put that stab in the back speaker back in the diver’s seat.. No way out, unholy inflation will continue, but a short bull opportunity on options if you hedge correctly coming and going. I’m looking for a dead cat bounce.
Great article, I think the valuations along with your reasoning are spot on!
Thank you. Which side are you on? Are you a bull or a bear on Dollar General?
Earlier this year I was actually looking for some defensive plays for my portfolio and DG came up across my screener. It’s certainly interesting but management hasn’t impressed me as of late. Medium term bearish, long term bull if they can fix management issues.
I am fully with you. Q3 earnings have to show that the management is taking things seriously. If it does, I actually think the stock may have serious upside, similar to how Meta did last year.
Great comparison, I can see it happening if all goes to plan.
100%
Thanks for covering this. I was watching the General closely but I still am going to wait a bit. Management turnover takes time to trickle down to financial performances. See Disney, Intel
100%. Until the management shows that they can materially improve the balance sheets and overall outlook with the old CEO back, I don't see investor confidence coming back in strength. Let's see how the Q3 earnings fare.