According to Zen Score, the 3 best discount store stocks to buy right now are:
1. Target (NYSE:TGT)
Target (NYSE:TGT) is the top discount store stock with a Zen Score of 57, which is 19 points higher than the discount store industry average of 38. It passed 21 out of 38 due diligence checks and has strong fundamentals. Target has seen its stock lose -20.38% over the past year, underperforming other discount store stocks by -11 percentage points.
Target has an average 1 year
price target of $147.19, an upside of 11.79% from Target's current stock price of $131.67.
Target stock has a consensus Buy recommendation according to Wall Street analysts. Of the 21 analysts covering Target, 23.81% have issued a Strong Buy rating, 19.05% have issued a Buy, 57.14% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Dollar General (NYSE:DG)
Dollar General (NYSE:DG) is the second best discount store stock with a Zen Score of 52, which is 14 points higher than the discount store industry average of 38. It passed 19 out of 38 due diligence checks and has strong fundamentals. Dollar General has seen its stock lose -49.62% over the past year, underperforming other discount store stocks by -40 percentage points.
Dollar General has an average 1 year
price target of $149.78, an upside of 17.48% from Dollar General's current stock price of $127.50.
Dollar General stock has a consensus Buy recommendation according to Wall Street analysts. Of the 23 analysts covering Dollar General, 26.09% have issued a Strong Buy rating, 8.7% have issued a Buy, 56.52% have issued a hold, while 4.35% have issued a Sell rating, and 4.35% 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 9 points higher than the discount store industry average of 38. It passed 15 out of 33 due diligence checks and has strong fundamentals. Ollie's Bargain Outlet Holdings has seen its stock return 22.98% over the past year, overperforming other discount store stocks by 32 percentage points.
Ollie's Bargain Outlet Holdings has an average 1 year
price target of $80.36, an upside of 5.02% from Ollie's Bargain Outlet Holdings's current stock price of $76.52.
Ollie's Bargain Outlet Holdings stock has a consensus Buy recommendation according to Wall Street analysts. Of the 11 analysts covering Ollie's Bargain Outlet Holdings, 36.36% have issued a Strong Buy rating, 18.18% have issued a Buy, 36.36% have issued a hold, while 0% have issued a Sell rating, and 9.09% have issued a Strong Sell.