When the economy is slowing down and consumer demand weakens, one should be cautious about its investments. Prudent investors should quickly switch to companies that would give definite returns during this time. One such business is that of dollar stores. Dollar stores are the ones that would benefit the most during this time since they offer significantly lower prices ,and consumers are highly cost conscious.
Therefore, companies such as Dollar General (DG) are safe havens. Dollar General is the largest player in the industry and has been performing well for quite some time now. It recently reported its second-quarter numbers, which were quite ahead of analysts’ expectations.
— Guru Focus