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Loop Capital
Trends
- 1Loop Capital sees dollar store stock gaining from weak economy▼This dollar store stock will get a boost from a shaky economy, Loop Capital says
Loop Capital says a dollar store stock is positioned to benefit as economic conditions worsen, arguing consumers under financial pressure tend to trade down to discount retailers. The call adds to a running debate on Wall Street over which retail names hold up best if the economy softens, with dollar stores often seen as defensive plays during downturns.