Subject: Re: OT Gurus Focus Dollar General
DLTR taking a hit today
I'm not that surprised.
Short term reactions like this are rarely particularly rational, but Dollar Tree seemed to be a lot higher in its valuation range than Dollar General has been within its range, so a price slip for Dollar Tree isn't a shocker.
Phrased another way, DG has seemed very cheap lately, and Dollar Tree hasn't. The DLTR drop is in the direction of evening things up : )
Jim