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 59, which is 14 points higher than the discount store industry average of 45. It passed 22 out of 38 due diligence checks and has strong fundamentals. TARGET has seen its stock lose -33.48% over the past year, underperforming other discount store stocks by -27 percentage points.
TARGET has an average 1 year
price target of $218.32, an upside of 45.59% from TARGET's current stock price of $149.95.
TARGET stock has a consensus Buy recommendation according to Wall Street analysts. Of the 22 analysts covering TARGET, 45.45% have issued a Strong Buy rating, 27.27% have issued a Buy, 27.27% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Costco (NASDAQ:COST)
Costco (NASDAQ:COST) is the second best discount store stock with a Zen Score of 50, which is 5 points higher than the discount store industry average of 45. It passed 20 out of 38 due diligence checks and has strong fundamentals. Costco has seen its stock return 14.15% over the past year, overperforming other discount store stocks by 21 percentage points.
Costco has an average 1 year
price target of $539.48, an upside of 23.25% from Costco's current stock price of $437.71.
Costco stock has a consensus Buy recommendation according to Wall Street analysts. Of the 21 analysts covering Costco, 38.1% have issued a Strong Buy rating, 28.57% have issued a Buy, 33.33% 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 48, which is 3 points higher than the discount store industry average of 45. It passed 15 out of 33 due diligence checks and has strong fundamentals. OLLIE's BARGAIN OUTLET HOLDINGS has seen its stock lose -45.59% over the past year, underperforming other discount store stocks by -39 percentage points.
OLLIE's BARGAIN OUTLET HOLDINGS has an average 1 year
price target of $63.73, an upside of 51.71% from OLLIE's BARGAIN OUTLET HOLDINGS's current stock price of $42.01.
OLLIE's BARGAIN OUTLET HOLDINGS stock has a consensus Buy recommendation according to Wall Street analysts. Of the 15 analysts covering OLLIE's BARGAIN OUTLET HOLDINGS, 46.67% have issued a Strong Buy rating, 0% have issued a Buy, 40% have issued a hold, while 0% have issued a Sell rating, and 13.33% have issued a Strong Sell.