Technical Perspectives on Discount, Variety Stores Stocks -- Fred's, Wal-Mart Stores, Ollie's Bargain Outlet, and Dollar General
NEW YORK, Jan. 11, 2018 /PRNewswire/ -- WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on FRED, WMT, OLLI, and DG which can be accessed for free by signing up to www.wallstequities.com/registration. Today, WallStEquities.com covers the Discount Variety Stores space, which comprises stores that are like department stores as far as total size, layout, and products go, but provide similar products at lower costs. Under evaluation this morning are four industry players, particularly: Fred's Inc. (NASDAQ: FRED), Wal-Mart Stores Inc. (NYSE: WMT), Ollie's Bargain Outlet Holdings Inc. (NASDAQ: OLLI), and Dollar General Corp. (NYSE: DG). All you have to do is sign up today for this free limited time offer by clicking the link below.
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Fred's
Shares in Memphis, Tennessee headquartered Fred's Inc. climbed 3.73%, ending Wednesday's trading session at $3.89. The stock recorded a trading volume of 1.24 million shares, which was higher than its three months average volume of 1.10 million shares. The Company's shares have gained 3.73% in the last month. The stock is trading 11.13% below its 50-day moving average. Moreover, shares of Fred's have a Relative Strength Index (RSI) of 44.95. Get the full research report on FRED for free by clicking below at:
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Wal-Mart Stores
Bentonville, Arkansas headquartered Wal-Mart Stores Inc.'s stock declined slightly by 0.72%, closing the day at $99.67 with a total trading volume of 7.62 million shares. The Company's shares have advanced 3.23% in the past month, 18.47% in the previous three months, and 46.08% over the past year. The stock is trading 4.29% and 20.86% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Wal-Mart Stores, which operates retail stores in various formats worldwide, have an RSI of 59.96.
On December 14th, 2017, Wal-Mart Stores, JD.com, IBM, and Tsinghua University National Engineering Laboratory for E-Commerce Technologies announced that they will work together in a Blockchain Food Safety Alliance that will kick off with a collaboration designed to enhance food tracking, traceability, and safety in China, in order to achieve greater transparency across the food supply chain. This will encourage accountability and give suppliers, regulators, and consumers greater insight and transparency into how food is handled from the farm to consumers. Access the free research report on WMT now by signing up at:
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Ollie's Bargain Outlet Holdings
On Wednesday, shares in Harrisburg, Pennsylvania headquartered Ollie's Bargain Outlet Holdings Inc. recorded a trading volume of 576,966 shares, which was higher than their three months average volume of 528,530 shares. The stock ended the day 1.67% higher at $51.85. The Company's shares have advanced 4.01% in the past month, 14.59% in the previous three months, and 71.40% over the past year. The stock is trading above its 50-day and 200-day moving averages by 7.23% and 19.21%, respectively. Furthermore, shares of the Company, which operates as a retailer of brand name merchandise, have an RSI of 55.18.
On January 05th, 2018, Ollie's Bargain Outlet announced that total sales for the nine-week period ended December 30th, 2017 increased 19.4%, with a comparable store sales increase of 3.9%. In addition, the Company estimates total net sales for the fiscal year ending February 03rd, 2018 of approximately $1.070 billion; comparable store sales growth of approximately 2.8%; and GAAP net income per diluted share of approximately $1.38. Are you already registered with Wall St. Equities? Do so now for free, and get the report on OLLI at:
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Dollar General
Goodlettsville, Tennessee-based Dollar General Corp.'s stock rose slightly by 0.56%, finishing yesterday's session at $94.78 with a total trading volume of 1.47 million shares. The Company's shares have advanced 1.50% in the last month, 17.10% in the previous three months, and 27.65% over the past year. The stock is trading above its 50-day and 200-day moving averages by 7.22% and 21.59%, respectively. Additionally, shares of Dollar General, which provides various merchandise products in the southern, southwestern, midwestern, and eastern US, have an RSI of 66.39.
On December 27th, 2017, Dollar General announced plans to build a new distribution center in Longview, Texas. The state-of-the-art facility in Gregg County is expected to create approximately 400 new jobs at full capacity and serve approximately 1,000 Company retail locations in Texas and the Southeast. Construction should begin in early 2018, pending the receipt of all required governmental permits and development approvals and the absence of unforeseen circumstances. Aspiring Member, please take a moment to register below for your free research report on DG at:
www.wallstequities.com/registration/?symbol=DG
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