28.01.2025 11:20:00
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1 Growth Stock Down 57% to Buy Right Now
If Wall Street handed out military ranks, Dollar General (NYSE: DG) would likely be facing a rank demotion. Share prices of the discount retail giant have plunged 57% from their 52-week high amid continuing reports of underwhelming sales and weak earnings over the past year.But while 2024 will go down in the history books as a lost battle, there are several reasons for Dollar General investors to believe the war is far from over. Following the deep sell-off and a reset of expectations, Dollar General stock now stands out as a bargain. The company's revamped growth strategy announced for 2025 could be the ammunition it needs to start a big turnaround.Despite its dismal stock price performance, investors watching from the sidelines would be making a mistake by assuming the company is facing some serious weakness or a rapidly deteriorating outlook. In this case, Dollar General's recent financial performance is more nuanced. Here's why shares of Dollar General could make a great addition to your portfolio.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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