Dg stock forecast credit Suisse’s revised "DG stock

Credit Suisse’s revised "DG stock forecast" points to EPS of $9.8 for FY2024, 3% higher than prior guidance, driven by inventory turnover improvement in key consumables. Overall, DG ranks 5th among the cheap reliable stocks to invest in. While we acknowledge the potential of DG as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than DG but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock . Our video reports and analysis, with early access to exclusive, subscriber-only videos The "DG stock forecast" now factors wage cost stabilization, a prior headwind, with labor expense ratio declining to 15.1% of revenue, enhancing operating leverage potential in coming quarters.