According to Zen Score, the 3 best discount store stocks to buy right now are:
1. Walmart (NYSE:WMT)
Walmart (NYSE:WMT) is the top discount store stock with a Zen Score of 53, which is 19 points higher than the discount store industry average of 34. It passed 19 out of 38 due diligence checks and has strong fundamentals. Walmart has seen its stock return 25.69% over the past year, overperforming other discount store stocks by 6 percentage points.
Walmart has an average 1 year
price target of $65.36, an upside of 8.62% from Walmart's current stock price of $60.17.
Walmart stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 15 analysts covering Walmart, 46.67% have issued a Strong Buy rating, 40% have issued a Buy, 13.33% 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 50, which is 16 points higher than the discount store industry average of 34. It passed 18 out of 38 due diligence checks and has strong fundamentals. Dollar General has seen its stock lose -25.02% over the past year, underperforming other discount store stocks by -45 percentage points.
Dollar General has an average 1 year
price target of $147.83, a downside of -5.27% from Dollar General's current stock price of $156.06.
Dollar General stock has a consensus Buy recommendation according to Wall Street analysts. Of the 18 analysts covering Dollar General, 33.33% have issued a Strong Buy rating, 5.56% have issued a Buy, 61.11% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Target (NYSE:TGT)
Target (NYSE:TGT) is the third best discount store stock with a Zen Score of 48, which is 14 points higher than the discount store industry average of 34. It passed 17 out of 38 due diligence checks and has strong fundamentals. Target has seen its stock return 10.92% over the past year, underperforming other discount store stocks by -9 percentage points.
Target has an average 1 year
price target of $184.73, an upside of 4.24% from Target's current stock price of $177.21.
Target stock has a consensus Buy recommendation according to Wall Street analysts. Of the 26 analysts covering Target, 46.15% have issued a Strong Buy rating, 15.38% have issued a Buy, 38.46% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.