Best Stock to Buy Right Now: Walmart vs. Dollar General
Walmart (NYSE: WMT) and Dollar General (NYSE: DG) compete more fiercely than any other retailer for the spending of rural, lower-income Americans.Walmart is much bigger than Dollar General and serves customers well beyond that demographic, but that remains its core strength. After all, Walmart is synonymous with everyday low prices, and its superstores are most dominant in rural America, while it has struggled to gain significant market share in cities.Because of their reputations for low prices and discount products, both Walmart and Dollar General are seen as resilient stocks in a potential recession. So, with consumer sentiment having fallen sharply, it's a good time to consider which might be the better buy between the two.Continue reading
Walmart (NYSE: WMT) and Dollar General (NYSE: DG) compete more fiercely than any other retailer for the spending of rural, lower-income Americans.
Walmart is much bigger than Dollar General and serves customers well beyond that demographic, but that remains its core strength. After all, Walmart is synonymous with everyday low prices, and its superstores are most dominant in rural America, while it has struggled to gain significant market share in cities.
Because of their reputations for low prices and discount products, both Walmart and Dollar General are seen as resilient stocks in a potential recession. So, with consumer sentiment having fallen sharply, it's a good time to consider which might be the better buy between the two.
