A downtrend has been apparent in Dollar General (DG) lately. While the stock has lost 7.9% over the past week, it could witness a trend reversal as a hammer chart pattern was formed in its last trading session. This could mean that the bulls have been able to counteract the bears to help the stock find support.While the formation of a hammer pattern is a technical indication of nearing a bottom with potential exhaustion of selling pressure, rising optimism among Wall Street analysts about the future earning ...

These stocks have seen better days but investors shouldn't count them out in the long run.A $5,000 investment can go a long way if you're investing for years. While the stock market's long-run return is around 10%, if you invest in a struggling stock that has a lot of room to rise higher and potentially outperform the market, your gains could be much more impressive. For example, if you were to generate a 15% average return over 22 years, a $5,000 investment would grow to more than $100,000.I'm not saying t ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors rely on traditional forms of ...

The latest trading session saw Dollar General (DG) ending at $82, denoting a +0.29% adjustment from its last day's close. This change outpaced the S&P 500's 0.28% loss on the day. On the other hand, the Dow registered a loss of 0.61%, and the technology-centric Nasdaq decreased by 0.33%.Shares of the discount retailer have depreciated by 3.07% over the course of the past month, underperforming the Retail-Wholesale sector's gain of 1.01% and the S&P 500's gain of 0.41%.The upcoming earnings release of Dollar ...

Dollar General (DG) closed the most recent trading day at $81.10, moving +0.9% from the previous trading session. The stock outperformed the S&P 500, which registered a daily gain of 0.27%. Elsewhere, the Dow gained 0.65%, while the tech-heavy Nasdaq added 0.26%. The discount retailer's stock has dropped by 7.95% in the past month, falling short of the Retail-Wholesale sector's loss of 0.61% and the S&P 500's gain of 2%. Analysts and investors alike will be keeping a close eye on the performance of Dollar G ...

Investors tend to watch and emulate some of the best on Wall Street, but there’s one issue with this view: Most of the sought-after investors tend to be net buyers of the market. Other entities in the money management industry are worth watching for their superior strategies and ability to beat the market.These entities are hedge funds, and without going into the specifics of their strategies and philosophies, all investors need to know is that they play both the long and the short side of the stock market. ...

The September jobs report crushed expectations. It could make these stocks winners. Recession fears have dogged the stock market for much of the last few years. The 2022 bear market was premised partly on the notion that the economy was headed for a recession as interest rates rose. More recently, economic pessimism has weighed on some stock market sectors, even as the broad market has reached an all-time high on enthusiasm for all things artificial intelligence (AI). However, investors continue to get remi ...

When the Federal Open Market Committee (FOMC) voted to lower the federal funds rate by 50 basis points—rather than a widely expected 25—at its September meeting, the S&P 500 continued its seemingly optimistic path skyward to fresh record highs. Many investors had already factored an anticipated rate cut into their calculations, helping to push the market upward throughout most of this month.However, while the broad response to news of the rate cut was largely positive, the immediate and medium-term impact o ...

A couple of the stocks featured here are trading around their all-time lows.If you're a bargain hunter, there are some deeply discounted stocks you might want to consider buying right now. These stocks aren't trading at just 52-week lows, they are trading at multiyear lows. They haven't been trading at these levels in more than five years -- and some have never been this low.Of course, there is a risk that comes with these stocks. They are trading down for good reasons, but there's also a lot of potential u ...

Key TakeawaysConcerns about the economy and their recently issued financial outlooks have weighed on shares of Dollar General and Dollar Tree lately.Analysts at Deutsche Bank on Wednesday cut their price targets on both companies' shares.But the analysts, whose new targets are near Wall Street's consensus, believe the stocks can find "support" at recent lower prices. Shares of discount retailers Dollar General (DG) and Dollar Tree (DLTR) moved in opposite directions Thursday as investors continued to digest ...