What Makes Dollar General (DG) a Strong Momentum Stock: Buy Now?
DollarDollar(US:DG) ZACKS·2026-01-21 18:01

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, with the aim of buying high and selling higher, capitalizing on established price movements [1] Company Overview: Dollar General (DG) - Dollar General currently holds a Momentum Style Score of B and a Zacks Rank of 1 (Strong Buy), indicating strong potential for outperformance [3][4] - The stock has shown significant price increases, with a 43.87% rise over the past quarter and a 103.82% increase over the last year, compared to the S&P 500's 1.25% and 14.72% respectively [7] Price Performance - Over the past week, Dollar General shares increased by 4.2%, while the Zacks Retail - Discount Stores industry saw a similar increase of 4.19% [6] - The monthly price change for Dollar General is 9.22%, matching the industry's performance [6] Trading Volume - The average 20-day trading volume for Dollar General is 2,703,684 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the last two months, 22 earnings estimates for Dollar General have been revised upwards, with no downward revisions, raising the consensus estimate from $6.15 to $6.49 [10] - The positive earnings revisions contribute to the stock's strong performance and favorable outlook [9][10] Conclusion - Given the strong momentum indicators and positive earnings outlook, Dollar General is positioned as a solid momentum pick for investors [12]