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Dollar Tree, Inc. Message Board

  • mick188125 mick188125 Nov 15, 2012 11:19 AM Flag

    DLTR great conservative buy

    I dumped 1/3 of my portfolio into DLTR before earnings, and another 1/3 after. DLTR is simply a great place your money in uncertain times. It is a rare company in that if the economy gets worse-- more people shop at DLTR, and if the economy improves slightly-- people have morre money in their pockets to shop at dollar. I made my first visit to DLTR prior to investing, and was very impressed with the foot traffic, it was very busy and it is only november. DLTR appeared very prepared for the holidays, with tons of Christmas items for all types of buyers-- some of them looked pretty cheap, but a good number were impressively nice-- I can't believe they can make a profit selling them for $1.00-- I guess it is the Chinese slave labor that makes it possible. I actually bought some Christmas ornaments for $1.00 which look like they cost $19.99 each-- amazing as they look very high end. On top of that, as everyone knows, DLTR is very cheap on a valuation basis when growth is added into the equation. Overall, I'm very confident, and will sleep good at knight going into the 4th quarter earnings. Fair value, in my estimation at least $50-- maybe a lot more, will be interesting to see if DLTR hits a homerun in the forth quarter. I think it will.

    Sentiment: Strong Buy

 
DLTR
94.13-0.11(-0.12%)10:57 AMEDT