On Thursday, December 29, 2016, the NASDAQ Composite ended the trading session at 5,432.09, down 0.12%; the Dow Jones Industrial Average edged 0.07% lower, to finish at 19,819.78; and the S&P 500 closed at 2,249.26, down 0.03%. Gains were broad based as six out of nine sectors ended the day in positive. This Morning, Stock-Callers.com has initiated reports coverage on the following Discount, Variety Stores equities: Wal-Mart Stores Inc. (NYSE: WMT), Target Corp. (NYSE: TGT), Dollar General Corporation (NYSE: DG), and Dollar Tree Inc. (NASDAQ: DLTR). Learn more about these stocks by downloading their free research reports in PDF format at: http://stock-callers.com/registration
On Thursday, shares in Bentonville, Arkansas headquartered Wal-Mart Stores Inc. ended the session 0.07% lower at $69.26 with a total volume of 4.29 million shares traded. Wal-Mart Stores’ shares have gained 15.55% in the past one year. Shares of the Company, which operates retail stores in various formats worldwide, are trading at a PE ratio of 15.04. The stock is trading 0.90% below its 50-day moving average and 0.79% below its 200-day moving average. Moreover, the Company’s shares have a Relative Strength Index (RSI) of 42.04.
On Thursday, shares in Minneapolis, Minnesota headquartered Target Corp. recorded a trading volume of 2.80 million shares. The stock ended the day 0.29% lower at $72.62. Shares of the Company, which operates as a general merchandise retailer, are trading at a PE ratio of 13.33. Target’s stock has advanced 8.15% in the last three months and 1.88% in the previous one year. The Company is trading above its 200-day moving average by 0.21%. Furthermore, Target’s shares have an RSI of 37.88.
Goodlettsville, Tennessee-based Dollar General Corp.’s stock finished Thursday’s session 0.15% higher at $74.13 with a total volume of 1.14 million shares traded. Over the last three months and the previous one year, Dollar General’s shares have advanced 7.29% and 4.11%, respectively. The Company’s shares are trading above its 50-day moving average by 0.62%. Shares of Dollar General, which provides various merchandise products in the southern, southwestern, midwestern, and eastern US, are trading at a PE ratio of 17.47. The stock has an RSI of 46.21.
Chesapeake, Virginia-based Dollar Tree Inc.’s stock edged 0.42% lower, to close the day at $77.34. The stock recorded a trading volume of 1.85 million shares. The Company’s shares are trading 4.84% and 8.87% below its 50-day and 200-day moving averages, respectively. Additionally, shares of the Company, which operates discount retail stores in the US and Canada, are trading at a PE ratio of 22.83. The stock has an RSI of 30.50.