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 18 points higher than the discount store industry average of 35. It passed 19 out of 38 due diligence checks and has strong fundamentals. Walmart has seen its stock return 26.35% over the past year, overperforming other discount store stocks by 7 percentage points.
Walmart has an average 1 year
price target of $65.36, an upside of 7.63% from Walmart's current stock price of $60.72.
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. Ollie's Bargain Outlet Holdings (NASDAQ:OLLI)
Ollie's Bargain Outlet Holdings (NASDAQ:OLLI) is the second best discount store stock with a Zen Score of 50, which is 15 points higher than the discount store industry average of 35. It passed 16 out of 33 due diligence checks and has strong fundamentals. Ollie's Bargain Outlet Holdings has seen its stock return 35.85% over the past year, overperforming other discount store stocks by 17 percentage points.
Ollie's Bargain Outlet Holdings has an average 1 year
price target of $91.67, an upside of 16.3% from Ollie's Bargain Outlet Holdings's current stock price of $78.82.
Ollie's Bargain Outlet Holdings stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Ollie's Bargain Outlet Holdings, 16.67% have issued a Strong Buy rating, 33.33% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Dollar General (NYSE:DG)
Dollar General (NYSE:DG) is the third best discount store stock with a Zen Score of 50, which is 15 points higher than the discount store industry average of 35. It passed 18 out of 38 due diligence checks and has strong fundamentals. Dollar General has seen its stock lose -25.14% over the past year, underperforming other discount store stocks by -44 percentage points.
Dollar General has an average 1 year
price target of $146.24, a downside of -5.17% from Dollar General's current stock price of $154.21.
Dollar General stock has a consensus Buy recommendation according to Wall Street analysts. Of the 17 analysts covering Dollar General, 29.41% have issued a Strong Buy rating, 5.88% have issued a Buy, 64.71% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.