According to Zen Score, the 3 best discount store stocks to buy right now are:
1. Pricesmart (NASDAQ:PSMT)
Pricesmart (NASDAQ:PSMT) is the top discount store stock with a Zen Score of 54, which is 18 points higher than the discount store industry average of 36. It passed 19 out of 38 due diligence checks and has strong fundamentals. Pricesmart has seen its stock return 9.65% over the past year, underperforming other discount store stocks by -21 percentage points.
Pricesmart has an average 1 year
price target of $90.00, an upside of 9.58% from Pricesmart's current stock price of $82.13.
Pricesmart stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Pricesmart, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Walmart (NYSE:WMT)
Walmart (NYSE:WMT) is the second best discount store stock with a Zen Score of 52, which is 16 points higher than the discount store industry average of 36. It passed 19 out of 38 due diligence checks and has strong fundamentals. Walmart has seen its stock return 30.36% over the past year.
Walmart has an average 1 year
price target of $72.49, an upside of 8.25% from Walmart's current stock price of $66.96.
Walmart stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 24 analysts covering Walmart, 58.33% have issued a Strong Buy rating, 33.33% have issued a Buy, 8.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Ollie's Bargain Outlet Holdings (NASDAQ:OLLI)
Ollie's Bargain Outlet Holdings (NASDAQ:OLLI) is the third best discount store stock with a Zen Score of 47, which is 11 points higher than the discount store industry average of 36. It passed 15 out of 33 due diligence checks and has strong fundamentals. Ollie's Bargain Outlet Holdings has seen its stock return 32.31% over the past year, overperforming other discount store stocks by 2 percentage points.
Ollie's Bargain Outlet Holdings has an average 1 year
price target of $99.20, an upside of 17.24% from Ollie's Bargain Outlet Holdings's current stock price of $84.61.
Ollie's Bargain Outlet Holdings stock has a consensus Buy recommendation according to Wall Street analysts. Of the 10 analysts covering Ollie's Bargain Outlet Holdings, 50% have issued a Strong Buy rating, 20% have issued a Buy, 30% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.