Get started
DOLLAR GENERDRNDOLLAR GENERDRNDOLLAR GENERDRN

DOLLAR GENERDRN

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Seasonals Bonds

DGCO34 trade ideas

Dollar General/ DG GREAT BUY Surprisingly enough this company is stellar when you look at the financials. Its Cash Cycle is under 30 days with absolutely NO ACCOUNTS RECIEVABLE!!! its been growing its revenue around 10% each year, management has been buying back shares to increase shareholder equity, its dividends are squat :( , but they are gunning for Five and Below/ FIVE s market by opening POP Shelfs in the 'Burbs. If the POP Shelfs are able to take hold then I could see this company keeping par with its 10% revenue growth rate for the next 10 years. For the past decade the GPM has not dipped below 30%. the Return on Equity (for the value investors like myself) has been steadily growing with the last years being 25.5% with a 10 year average of 20%. And with COVID-19 still keeping people out of work and unemployment moderate to high I can see more households stretching the dollar which will grow this company's Revenue. As the families effected will be looking for the bargain stores to save their capital. The Company has ZERO short term debt, but they have no treasury shares. :( so, they have no equity out of the market and i think this particular reason is why i think its more of a "B+" investment rather than a A+ investment. If you're a conservative investor the D/E Ratio for the past year was .43, so that's not bad! with only 4% of their operating income going toward paying off interest on long term debt as compared to the moderate 15%. :) so when they buy their shares back its possible they might be retiring them. the Current Ratio has been a strong 1.5-1.7 for the past decade with a few exceptions, and their retained earnings pool has been steadily growing. Currently its trading under value with a fair market value of 196.xx with Ben Grahams formula putting it around 294.xx. I would love to see the price drop below 185.xx before buying so that way one can maximize their return on investment. If you're a growth investor or value investor this is a great company a solid B+ or A- to build a portfolio on. I would love to see this ABCD pattern complete as a great entry.
NYSE:DGLong
by ARegularGuy
DG: What Next?I expect this next week for Dollar General to be an overall green one, but with very little movement. DG has been struggling to maintain its price above the 200 MA, currently resting above it by a thin margin, and last week found resistance at the 50 MA, which ironically was at our $205 price target for last week. Worst case scenario, DG falls to test its proven support around ~$191~. Either way, I expect a retry to surpass the $205 mark in the coming weeks. Only time will tell. **NFA
NYSE:DG
by MrxMvP
Bearish DivergenceArrows to point out the divergence and it was a while ago..but looks like it caught up with DG. Hanging on support right now..if it breaks through support, well..just be careful if you are in this. Strong stock for sure.. A candle tail already reached through support but quickly snapped back above it.. There is also a big red engulfing candle up there to give you a warning this may pull back..so you have a funky multiple top, a bearish RSI divergence and an engulfing candle. I guess it is not like it did not warn me..lol...warnings there to wait and not buy the dip.. Sometimes a technical indicator will disagree or “fight” with the actual price action of the stock or index you are analyzing. These “disagreements” can be very useful. A divergence appears when a technical indicator (usually an oscillator) begins to establish a trend that disagrees with the actual price movement. Just an observation and not a recommendation
NYSE:DG
by lauralea
4
DG Bounce thoughts I'm looking at opening a long position in Dollar General. It currently seems fairly valued and may have limited downside potential and has had a strong steady upside trend in the long term. My current thinking is that money is moving around between stocks to shake out some gains as money flows out of stocks that have done well through the pandemic and into beaten-down stocks. These small drops are creating good solid long term buying points though. I think despite a vaccine there is still a good reason to be in stocks that did well throughout the year because we aren't out of the woods yet thus they appear to be range bound and consolidating. I went in on HD last week with 15% of my portfolio and am looking at doing between 10-15% with DG as well depending on how Monday and Tuesday shape up. I am watching out for three possible scenarios. The first is a bounce back up from the current price. The price action did dip below the close price of the previous two drops lately and has hung out there showing some weakness but held on Friday. This puts the price roughly along a May 2020 lower trend line and the 100 day SMA. Worth noting there was a three-day fight to hold the 50 SMA which ultimately failed. The first bounce back at this same price point was at the 50 SMA. The second option is the price drops below my May 2020 lower trend line to the price of the heavier volume days of September when the gains attempted to stall out before bouncing back. If neither of those happens and I have opened a position I will reduce my position in half around $201 hopefully finding support around $192 to buy back in. This is the third option. I see this less likely as Dollar type stores typically thrive in these economic environments. My intent on the sell-side would be to start reducing by 1/3 at $221 which is the Dec 1st high. Reduce by another 1/3 which is the late October and Early November high. If all of that succeeds and the stock breaks out then hold until the average upper trend line starting in April 2020 around the $230 price point. If there is a break out it could be worth letting it ride with a $6 stop loss if the price crosses $226. Feel free to let me know any thoughts people have on this.
NYSE:DGLong
by bcyork
3
$DG- I love this long, but is now the right time?$DG has generated alot of cash for me and for options contract buyers its a great long exp buy. Obviously Equity buyers included in this. Right now we are sitting at a major resistance , and if we break my first PT would be $225.35. After that we are working through ATMs but thats how stocks work at ATM. you never know. One thing to watch is $SPY . $DG moves along side $SPY and if we break to the downside I will be watching for a divergence from SPY to see If the pullback is real or not. If DG hovers while SPY dumps then when the market bounces it should present a nice buying opportunity. I will be signaling these in our group this week, and hopefully posting some more videos on these tickers in particular. So right now I am hoping for a gap up, over resistance and then a retest to send us on our way. ATM highs can be scary, but if the volume is higher then we could see a nice push! Thanks for listening!
NYSE:DGLong
by SimpleStacks