For the last few years we have seen DLTR stuck in a range between 67-115 (smaller range from 88-115). For this stock to continue and not offer some kind of dividend (I believe we are out of the growth phase) is unheard of.
If you compare the growth in retail at the moment between say TGT and BBBY, I know it's a stretch but this pricing needs to be adjusted somehow. ATM we are neutral to negative on DLTR looking for some kind of direction out of this range. Pick a side, either you are growth or you are looking to pay a divdend, we don't believe either at the moment.
If you compare the growth in retail at the moment between say TGT and BBBY, I know it's a stretch but this pricing needs to be adjusted somehow. ATM we are neutral to negative on DLTR looking for some kind of direction out of this range. Pick a side, either you are growth or you are looking to pay a divdend, we don't believe either at the moment.