Dollar General Corporation (NYSE:DG) is one of the stocks from different market sectors that Jim Cramer commented on. Cramer discussed the stock while showing optimism around dollar stores, as he remarked:
“How about the plight of the consumer staples cohort? This was the second worst group in the market last year, was up just 1.3%. How about some standouts? The dollar stores, they did well, with Dollar General and Dollar Tree checking off tariff worries to rally 75 and 64%, respectively. Monster Beverage also had a good year, up 46%, and the long-hated Estee Lauder mounted a recovery, up 40%. That was just, wasn’t a dead cat bounce, but man, that stock had fallen way too low. Philip Morris International posted 33% gain. Walmart… up 23%, beating the market. You know now I like the underperforming Costco, and I accept that the dollar stores will just keep running. They are Wall Street faves, but the rest of the sector, really awful.”
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Dollar General Corporation (NYSE:DG) sells everyday essentials, including food, household items, personal care products, and apparel at affordable prices. In addition, it provides seasonal goods, pet supplies, and home products.
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Disclosure: None. This article is originally published at Insider Monkey.