29 August Watchlist 👀

 

Today we are watching…

1.  Dollar General (#dollarg)

Dollar General is a doomsayers stock pick. It’s set to thrive on a downbeat economy when consumers opt to shop where prices are lowest, and it’s also been in the news lately. Dollar General was fined a couple of million for selling expired drugs. Investors (who didn’t take the pills) don’t give a damn, because the company made over 140 billion dollars last year! As Dollar General’s scheduled earnings release arrives today, the market is hoping a new app incentivizes more sales, and a new focus on cost management means more of those sales dollars can reach the bottom-line. Analysts estimate the company will make $1.58 in profit per share on $6.9 billion in revenue.

2. Best Buy (#bestbuy)

From an investors standpoint, Best Buy has successfully lived up to its name this year. Employing robots to transport its electronics products from supplier to warehouse to shop shelf has paid off in recent quarters, fanning the flames of its stock. Its competitors remain fearsome, however. Walmart and Amazon are in a two-horse race for growth in market share, but Best Buy has still aptly defended its electronics niche recently. Shareholders will be keen to tune into the conference call that comes with Best Buy’s earnings release today, where the CEO will show off plans for the holiday season. The retailer is tipped to make $0.99 in profit per share on $9.57 billion in revenue.

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Invstr app and web services are provided by Invstr Ltd. Invstr+ advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC). Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value. Vast Bank N.A. a nationally chartered bank and member of the FDIC, provides the banking products, including the products and services related to digital asset accounts. As with any asset, the value of Digital assets can go up or down and there can be a substantial risk that you lose money buying or holding digital assets. You should carefully consider whether trading or holding Digital assets is suitable for you in light of your financial condition. Your digital account does not support wallet to wallet transferring of your digital assets (i.e. cryptocurrencies) outside the platform. Any Digital Assets in your digital asset account are not insured by any government entities, including but not limited to FDIC or SIPC. The Invstr Visa® Debit Card is issued by Vast Bank, N.A. pursuant to a license from Visa U.S.A Inc and may be used everywhere Visa debit cards are accepted. Invstr Ltd, Invstr Financial LLC and Invstr Securities Ltd are subsidiaries of Marketspringpad Holdings (collectively “Invstr”) and Invstr is solely responsible for the application services and website content.

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