Investing and Global Finance News

You Can Also Pick From the Dollar Tree

Dollar Tree Inc. (DLTR), is just what the doctor ordered for an ailing economy. Most people are cutting their budgets and Dollar tree is helping them. The company operates 4,176 variety discount stores in the United States and Canada. The chain offers everyday goods such as beauty care, health, food, and candy, plastic and paper goods, etc. These goods are generally priced at One Dollar. Dollar Tree sells through its chain stores: Dollar Bills, Dollar Tree Deal$, Deal$, Dollar Tree and Dollar Giant.

The stock has been doing tremendously in that it has risen from 35 to 70 in the last 2 years, with all of the economic volatility. Not only has the stock risen but it has risen in a fairly stable pattern, which is comforting in this recessionary time. Actually, recession gives customers the incentive to by at dollar tree stores, saving them money and creating profits for the company. The stock price is not cheap. Its price is 75.92 dollars per share today. However, you will most probably make a profit on it and you’ll be able to sleep at nights for two reasons. First it is a stock that’s going up and that always makes me feel good. Also it is a company who is helping the poor so I feel good about that.

Some interesting management personalities are Carl P. Zeithaml who is the Dean at the University of Virginia McIntire School of Commerce. He specializes in strategic management and adds his specialty to help Dollar Tree to fine-tune its strategic focus. Robert H. Rudman is the Chief Merchandising officer and has spent the majority of his 35 year career in retailing and management. He helps to manage the companies 4,176 stores which is an amazing feat.

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