1 Dividend Growth Stock Down 61% to Buy Right Now
With shares down more than half from an all-time high of $248 reached in 2022, Dollar General (NYSE: DG) is a fallen star that has caught the attention of value-hungry investors. Challenges like pandemic-era inflation wreaked havoc on its low-cost business model, ceding ground to larger retailers like Walmart. However, now the tables could be turning.Management's recovery efforts are starting to show results, and macroeconomic challenges like tariffs and potential recession could impact the company less than its rivals. Let's dig deeper into the reasons why this dividend growth stock could be a strong buy right now.Image source: Getty Images.Continue reading
With shares down more than half from an all-time high of $248 reached in 2022, Dollar General (NYSE: DG) is a fallen star that has caught the attention of value-hungry investors. Challenges like pandemic-era inflation wreaked havoc on its low-cost business model, ceding ground to larger retailers like Walmart. However, now the tables could be turning.
Management's recovery efforts are starting to show results, and macroeconomic challenges like tariffs and potential recession could impact the company less than its rivals. Let's dig deeper into the reasons why this dividend growth stock could be a strong buy right now.
Image source: Getty Images.
