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Daily Archives: September 20, 2011

Dollar Store Stocks and a Weak Economy

September 20, 2011
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One stock that’s been popping up in a lot of newsletters recently is Dollar Tree (DLTR), a leading discount retailer. It’s not hard to see why; the stock just hit a new 52-week high, at a time when many other stocks are well off their peaks. The story here is simple: Dollar Tree owns and operates 4,101 discount stores with a wide variety of very cheap products, many priced at or around $1. According to an August 18 New York Times article, in the wake of the recession, these super discount stores are gaining newly frugal customers of all...

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