6 Top-Rated Stocks to Buy Now
Sam Collins, October 7, 2009
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#6 Dollar Tree (DLTR)
How to go after money-doublers with every trade you makeDollar Tree (DLTR) has more than 3,500 stores that sell its inventory of toys, durable housewares, candy, seasonal goods, etc., for $1. Its other stores, operating as Deal$, sell most of its inventory at $5 or less.
This deep-discount retailer is generally considered to be the leader of its class and is rated a "buy" (four stars) by S&P with a target of $59.
The stock executed a major long-term bullish breakout at around $45. Technically this breakout is major and targets the stock at over $65.
To learn more about how to profit using technical analysis, see:
- 10 Tips to Getting Started With Technical Analysis
- Chart Your Way to a Lifetime of Profits
- Using the Relative Strength Index to Sell at the Right Time
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