10 Stocks With Surprising Gains

7. Dollar Tree, Inc. (NASDAQ:DLTR)

Dollar Tree rebounded by 9.08 percent on Thursday to finish at $96.67 apiece as investors resorted to bargain-hunting following the previous day’s drop.

Dollar Tree, Inc. (NASDAQ:DLTR), which originally targets the low-income households, announced on Wednesday that it is seeing an increasing number of high-income class households checking out their products.

In the first quarter of the year, Dollar Tree, Inc. (NASDAQ:DLTR) grew its net income by 14.4 percent to $343.4 million from $300.1 million in the same period last year. Revenues also increased by 10 percent to $4.6 billion from $4.17 billion year-on-year.

Its strong performance reaffirmed the company’s optimism for the rest of the year.

According to Dollar Tree, Inc. (NASDAQ:DLTR), it is maintaining its net sales outlook of $18.5 billion to $19.1 billion, based on comparable store net sales growth in the range of 3 percent to 5 percent.

For the second quarter alone, comparable net sales growth are expected to hit the higher end of its previous 3-5 percent growth outlook.