Dollar General stock had its Relative Strength (RS) Rating upgraded from 69 to 78 Thursday — a welcome improvement, but still shy of the 80 or higher score you prefer to see.
When To Sell Stocks To Lock In Profits And Minimize Losses
This exclusive rating from Investor's Business Daily tracks share price action with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history shows that the market's biggest winners often have an RS Rating north of 80 as they begin their biggest climbs. See if Dollar General can continue to rebound and hit that benchmark.
Is Dollar General Stock A Buy?
Dollar General stock recently reclaimed its 200-day moving average. Now is not an ideal time to jump in since it isn't near a proper buy zone. This is not the time to buy stocks during a market selloff, but build a watchlist of possible emerging leaders once the market trend turns around.
The discount retailer showed -52% EPS growth last quarter, while sales growth came in at 5%.
Dollar General stock earns the No. 4 rank among its peers in the Retail-Discount & Variety industry group. BJ's Wholesale Club is the top-ranked stock within the group.
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