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Dollar General (DG) Looks Good: Stock Adds 6.5% in Session

Zacks Equity Research
Updated

Dollar General Corporation DG was a big mover last session, as the company saw its shares rise above 6% on the day. The upside was driven by improved results for the first-quarter 2017. Also, this led to far more shares changing hands than in a normal session. This breaks the recent trend for the company as the stock is now trading above the volatile price range of $70.21 to $73.99 in the past one-month time frame.

The company has seen no positive or negative estimate revision in the past 30 days. Also, its Zacks Consensus Estimate remained unchanged over the same timeframe. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
 
Dollar General currently carries a Zacks Rank #3 (Hold).

Dollar General Corporation Price

 

Dollar General Corporation Price | Dollar General Corporation Quote

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A better-ranked stock in the Retail – Discount Stores industry is Burlington Stores, Inc. BURL, which holds a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Is DG going up? Or down? Predict to see what others think: Up or Down

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To read this article on Zacks.com click here.
 
Zacks Investment Research