✉news BusinessEconomy first seen 1 d ago, last 18 h ago, peak #9
Loop Capital sees dollar store stock gaining from weak economy
Original: This dollar store stock will get a boost from a shaky economy, Loop Capital says
Loop Capital says a dollar store stock is positioned to benefit as economic conditions worsen, arguing consumers under financial pressure tend to trade down to discount retailers. The call adds to a running debate on Wall Street over which retail names hold up best if the economy softens, with dollar stores often seen as defensive plays during downturns.
Why now: Investors are weighing defensive retail plays amid concerns about a weakening economy.
Evidence
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