General Dollar Corporation (NYSE:Managing director) is one of the stocks from different market sectors that Jim Cramer commented. Cramer talked about the stock while showing optimism around dollar stores, as he commented:
“What about the plight of the consumer staples cohort? This was the second-worst group in the market last year, up just 1.3%. What about some standouts? Dollar stores did well, with Dollar General and Dollar Tree handling tariff concerns to rebound 75% and 64%, respectively. Monster Beverage also had a good year, up 46%, and the hated Estee Lauder rebounded, up 40%. more. That was just, it wasn’t a dead cat Bounced, but man, those stocks had fallen too much. Philip Morris International posted a 33% gain. Walmart… rose 23%, outperforming the market. Now I like the underperforming Costco, and I accept that dollar stores will continue to do.
Photo by Roberto Júnior on Unsplash
Dollar General Corporation (NYSE:DG) sells everyday essentials including food, household items, personal care products and clothing at affordable prices. In addition, it offers seasonal products, pet supplies and household products.
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Disclosure: None. This article was originally published in Internal jumpsuit.