1 Growth Stock Down 17% to Buy Right Now
If there are businesses that you expect to prosper in difficult times, they'd include deep-discount retailers like Dollar General (NYSE: DG). Rising interest rates, persistent inflation, and elevated gas prices cause consumers to tighten their wallets and drive them to dollar stores to save money.
Even well-heeled consumers start shopping down-market, as we just saw with Walmart's earning report, which said that more than 50% of the big jump in grocery sales was fueled by an influx of high-income shoppers.
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Source Fool.com
