The stock market has rocketed to new highs over the last year, but some industries are faring better than others.
The latest trading day saw Dollar General (DG) settling at $72.15, representing a +0.15% change from its previous close.
If Wall Street handed out military ranks, Dollar General (DG 2.12%) 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.
You can say a lot of things about the stock market right now, but one thing's clear: It ain't cheap.
Dollar General (DG) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Retail companies have been through the gauntlet. The pandemic, rising inflation, and the shift of consumer spending to travel and other services have pressured the stock performance of many retail companies.
The S&P 500 had another solid run in 2024, up 25% year to date at the time of this writing. However, there are solid businesses selling at reasonable valuations relative to their long-term growth prospects that could deliver good returns in 2025 and for years to come.
Like many of the investing greats, Seth Klarman takes a value approach, in which he tries to find stocks and other assets trading below their intrinsic value and buy them at a discount. Klarman is a firm believer in the lessons taught by Benjamin Graham, who is widely considered the father of value investing.
Famed billionaire Seth Klarman is a student of the father of value investing Benjamin Graham.
Volatility can make stock market investing a stressful way to grow your nest egg. But established dividend-paying companies can help you rest easier because of their track records of stability and profitability.
In Ancient Rome, military commanders often turned to oracles known as Auspex (also known as augurs) to predict the outcomes of battles. Wars were costly, and failures were even more so.
Dollar Tree and Dollar General are thinking about their futures. Transcript: Conway Gittens: I'm Conway Gittens reporting from the New York Stock Exchange.