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Should You Buy Dollar Tree on a Dip?

TheMotleyFool

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Shares of Dollar Tree (NASDAQ: DLTR) are down over 10% after the company reported fiscal second-quarter earnings that beat on both the top and bottom lines. There's still good sales momentum at stores with the average ticket increasing 22.6% year over year during the quarter. And given the continued economic uncertainty, Dollar Tree will likely enjoy elevated traffic as consumers seek out value and savings when shopping.

Here's why Dollar Tree may be a buy.

Image Source: Getty Images.

Source Fool.com

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