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How to Trade 5 Troubled Discount Retailers on Main Street, USA

Discount retailers Dollar General (DG) , Dollar Tree (DLTR) , Kohl's (KSS) , Ross Stores (ROST) and TJX Companies (TJX) report quarterly earnings starting with Kohl's before the opening bell on Thursday. The others report between Nov. 15 and Dec. 1. All five are in recovery mode as shown on their weekly charts.

Dollar General is mired in bear market territory 26.2% below its all-time intraday high of $96.88 set on July 27. The stock gapped significantly lower on Aug. 25 on weaker-than-expected earnings. The stock set its 2016 low of $66.50 on Oct. 5, and the rebound since then has been 7.5%. The rural-based discount retailer reports earnings on Dec. 1 and analysts expect the company to earn 93 cents a share.

Dollar Tree is mired in bear market territory 23.9% below its all-time intraday high of $99.93 set on Aug. 11. The stock gapped significantly lower on Aug. 25 on weaker-than-expected earnings. The stock set its 2016 low of $72.55 on Nov. 9, and the rebound on that day was 4.8%. The rural-based and suburban discount retailer reports earnings on Nov. 22 and analysts expect the company to earn 78...


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