Jim Cramer Says Dollar Stores Like Dollar General Are “Wall Street Faves”

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.”

Photo by Roberto Júnior on Unsplash

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.