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1 Way To Make Massive Income Is One You’d Never Expect, According to Codie Sanchez
Yahoo Finance· 2025-10-15 17:13
Core Insights - Laundromats present a lucrative business opportunity, often overlooked in favor of newer trends [1][2] Group 1: Low Barrier to Entry - Starting a laundromat may seem daunting due to the initial costs of equipment and location, but many successful owners began with minimal investment [3][4] - Owners often start by building a customer base through personal services like pickup and delivery before investing in a physical store [4] Group 2: Recession-Proof Nature - Laundromats are considered recession-proof as they fulfill a basic consumer need for laundry services, regardless of economic conditions [5] - The self-service model remains stable during recessions, although pickup and delivery services may see fluctuations in revenue [6] Group 3: Revenue Potential - Efficiently run laundromats can generate significant annual profits, with reported earnings ranging from $100,000 to over $50 million [7]
Shares of CVS and Dollar General made a turnaround due to their 'newfound sole survivor status,' Jim Cramer says
CNBC· 2025-04-15 22:49
Core Viewpoint - CVS Health and Dollar General have recently seen stock gains due to their competitive positioning as the last major players in their respective sectors, benefiting from the decline of their top rivals [1][2][5] CVS Health - CVS experienced a significant turnaround after a substantial earnings beat in February and a positive outlook on restructuring its health insurance business [3] - The company reiterated its full-year forecast after multiple downward revisions last year, positioning itself as a "textbook recession-proof stock" [3] - CVS's recent strength is largely attributed to the struggles of its main competitor, Walgreens, which announced plans to go private, potentially leading to more store closures [3][5] - The bankruptcy of Rite Aid further solidifies CVS's position as largely unchallenged in the drugstore market [3] Dollar General - Dollar General has emerged as the primary player in the discount retail sector following Dollar Tree's decision to sell its Family Dollar chain to private equity, which is expected to result in store closures [4] - Despite a mixed quarterly report, Dollar General is perceived to be making progress in improving its business [4] - An analyst note from Citi indicated that Dollar General would be less impacted by new tariffs compared to competitors, as it focuses more on consumable products rather than discretionary items [4]