Jim Cramer Says “It’s Also Kind of the Right Environment for Dollar General (DG)”

Dollar General Corporation (NYSE:DG) was featured on Mad Money as Jim Cramer shared his take on the stock amid a sliding macro environment. Inquiring about the stock, a caller mentioned that they think it will go higher. Cramer replied:

Yes, yes… because they picked, they’re trying to expand really well in food, and they picked a guy who has managed a lot of great, I mean, really great grocery chains and done a terrific job. I say yes to Dollar General. It’s also kind of the right environment for Dollar General.

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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. A caller inquired about the stock during the February 2 episode, mentioning that Cramer recommended it last year, and he responded:

I know who you’re talking about. Dollar General… okay. I went to Dollar General… The reason I recommend this stock, I had a fabulous experience at my Dollar General… It was much better than before. I went aisle by aisle by aisle. I know they were thinking what are you, casing the joint? What’s he casing the joint? Because if I want to do a good job for you… I take the stuff that Wall Street does. I take a look at the conference calls, and then I go into my own aisles and see what’s going on. And Dollar General was terrific, and you know what? It remains terrific.

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