Dollar Tree Inc
Guggenheim says buy Dollar General, a strategic dollar store play in the near term
Guggenheim said investors looking to play the dollar store stocks should consider putting their money in Dollar General — at least in the near term. “Bottom line, we believe DG’s above-average top- and bottom-line momentum should drive outperformance at least through year-end while DLTR’s superior risk/reward profile should serve investors well beginning in early 2023,” […]
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Dollar Tree’s stock tumbles as rival Dollar General’s bet on food and groceries pays off
All dollar stores are not created equal. Look at what’s happening between Dollar General and Dollar Tree if you want proof. Both dollar stores beat earnings forecasts, but what’s important lies within the retailers’ outlooks. Dollar General raised its same-store sales guidance for the fiscal year and it’s now above Wall Street’s expectations. It’s predicting […]
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Shares generating the largest moves midday: Peloton, Salesforce, Dollar Tree and more
In this short article PTON CRM SNOW SOFI Erin Scott | Reuters Check out the corporations earning the largest moves midday: Peloton — Shares of Peloton plunged in excess of 17% immediately after the business noted quarterly benefits Thursday displaying a broader than expected decline and declining income. The enterprise also did not give an […]
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Shares building the largest moves premarket: Greenback Tree, Peloton, Salesforce and more
In this posting DLTR ELY DG Online video1:1301:13 News Update – Pre-Markets News Briefing Test out the firms earning headlines prior to the bell: Greenback Tree (DLTR) – The low cost retailer’s inventory slid 6.6% in the premarket just after reducing its complete-calendar year earnings forecast, thanks to the impression of pricing-associated investments at its […]
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Cramer’s game plan: This week is all about Powell, but don’t overlook any great earnings reports
Wall Street is collectively bracing for Federal Reserve Chair Jerome Powell’s speech later this week, CNBC’s Jim Cramer said Monday after the major U.S. stock indexes tumbled. Powell’s address — set for 10 a.m. ET Friday as part of the Fed’s annual Jackson Hole symposium — is by far the biggest event on the calendar, […]
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Family Dollar hit with $1.2 million in OSHA fines for violations at 2 Ohio stores
A vehicle drives through the parking lot outside a Family Dollar Stores Inc. store in Chicago, Illinois, on Tuesday, March 3, 2020. Daniel Acker | Bloomberg | Getty Images Federal regulators have fined Family Dollar more than $1.2 million in penalties related to safety violations at two Ohio stores, the Department of Labor’s Occupational Safety […]
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Jim Cramer offers his favorite stock picks for 3 possible recession scenarios
CNBC’s Jim Cramer on Thursday gave investors his top stock picks for three different recession outcomes. “We’ve got mild, we’ve got moderate and we’ve got severe. … . Can we avoid a recession altogether? There’s always the chance,” but investors shouldn’t hold their breath, he said. Investors have piled into tech stocks this week, betting […]
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From Gap to GameStop, there’s a retail executive exodus underway — and more departures are coming
Shoppers explore a mostly empty mall in Columbus, Ohio. Matthew Hatcher | Getty Images Don’t expect the stream of departures from retailers’ C-suites to stop anytime soon. Already this year, Gap and Bed Bath & Beyond abruptly replaced their CEOs as the companies’ sales plunged. GameStop fired its chief financial officer in the middle of […]
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Recession stars: The best stocks in every industry during economic downturns
As Wall Street trots out stock picks to weather downturns, CNBC Pro reviewed past recessions to find the best performers in each industry. More analysts this week are updating their ratings for the likelihood of a recession. On Wednesday, Bank of America upgraded shares of Goldman Sachs to buy from neutral, saying the bank can […]
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This fund manager is beating the market — and he has 4 tips for investors
It’s a tough year to be in the stock market, given the seemingly never-ending cycle of gyrations. Inflationary pressures remain elevated and with the Federal Reserve poised to pursue a more aggressive rate hike policy , a recession could be on cards. So how should investors trade this volatility? Fund manager Freddie Lait, a long-term […]
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