Dollar General Corporation (NYSE: DG)
Dollar General Corporation (NYSE: DG) is a discount retailer that provides various merchandise products in the southern, southwestern, Midwestern and eastern United States.
The company has delivered remarkable consistency in terms of revenue growth, with 2019 being the 30th straight year of increased same-store sales.
Naturally, this consistency has been attractive for investors – and Dollar General, as a discount retailer, has also benefited from a boost in sales brought on by the Covid-19 pandemic. This has resulted in a 30.5% gain in share price so far in 2020 – with the potential for more growth still ahead.
In fact, one JP Morgan analyst boosted his price target on DG to $250 – about 12% higher than the current price.