Stock Scorecard: Dollar Tree (DLTR)
Yesterday we looked at Dollar General (DG) in our newsletter Superstock Investor that is now up 5% in premarket this morning as it beat earnings estimates.
So we thought we would look at competitor Dollar Tree (DLTR) that has a similar chart pattern to Dollar General. It peaked at $97 and has since pulled back to $75 before starting to turn up. It is above its price target but below its upper bound. As such, it is a buyable name as the technicals further improve.