Chart of the Day - Dollar General (DG)

The "Chart of the Day" is Dollar General (DG), which showed up on Monday's Barchart "All Time High" list. Dollar General on Monday posted a new all-time high of $41.50 and closed up 2.18%. TrendSpotter has been Long since Nov 30 at $40.57. Dollar General was last featured in "Chart of the Day" on Aug 30 when the stock showed a big upside breakout and closed at $35.76. In recent news on the stock, Deutsche Bank on Dec 7 upgraded Dollar General to a Buy from Hold and raised its price target to $48 from $38 based on valuation and accelerating traffic trends. BMO Capital on Dec 6 reiterated its Outperform rating and raised its target to $47 from $40. Dollar General, with a market cap of $13.6 billion, is a discount retailer in the United States.