Dollar General’s stock has surged roughly 98% over the past year, outperforming the S&P 500 and key rivals, driven by its value proposition, store remodels, and expansion strategies. Despite this significant rally, analysts remain confident, raising earnings estimates, and the stock trades at a discount to the broader industry’s P/E ratio, suggesting continued potential for long-term growth. The company’s focus on operational improvements and digital initiatives like “myDG Delivery” further strengthens its market position.
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Dollar General Almost Doubles in a Year: Is DG Stock Still a Buy?
Dollar General’s stock has surged roughly 98% over the past year, outperforming the S&P 500 and key rivals, driven by its value proposition, store remodels, and expansion strategies. Despite this significant rally, analysts remain confident, raising earnings estimates, and the stock trades at a discount to the broader industry’s P/E ratio, suggesting continued potential for long-term growth. The company’s focus on operational improvements and digital initiatives like “myDG Delivery” further strengthens its market position.