According to Zen Score, the 3 best discount store stocks to buy right now are:
1. Dollar Tree (NASDAQ:DLTR)
Dollar Tree (NASDAQ:DLTR) is the top discount store stock with a Zen Score of 51, which is 8 points higher than the discount store industry average of 43. It passed 17 out of 33 due diligence checks and has strong fundamentals. Dollar Tree has seen its stock return 11.24% over the past year, overperforming other discount store stocks by 10 percentage points.
Dollar Tree has an average 1 year
price target of $170.42, an upside of 12.88% from Dollar Tree's current stock price of $150.97.
Dollar Tree stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 12 analysts covering Dollar Tree, 66.67% have issued a Strong Buy rating, 16.67% have issued a Buy, 16.67% 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 48, which is 5 points higher than the discount store industry average of 43. It passed 17 out of 38 due diligence checks and has strong fundamentals. Walmart has seen its stock return 1.97% over the past year, overperforming other discount store stocks by 1 percentage points.
Walmart has an average 1 year
price target of $159.17, an upside of 13.14% from Walmart's current stock price of $140.68.
Walmart stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 30 analysts covering Walmart, 50% have issued a Strong Buy rating, 30% have issued a Buy, 20% 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 4 points higher than the discount store industry average of 43. It passed 15 out of 33 due diligence checks and has strong fundamentals. Ollie's Bargain Outlet Holdings has seen its stock return 22.26% over the past year, overperforming other discount store stocks by 21 percentage points.
Ollie's Bargain Outlet Holdings has an average 1 year
price target of $62.08, an upside of 10.59% from Ollie's Bargain Outlet Holdings's current stock price of $56.14.
Ollie's Bargain Outlet Holdings stock has a consensus Buy recommendation according to Wall Street analysts. Of the 12 analysts covering Ollie's Bargain Outlet Holdings, 41.67% have issued a Strong Buy rating, 25% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.