5 Stocks to Buy According to Peter Simmie’s Bristol Gate Capital Partners

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1. Dollar General Corporation (NYSE:DG)

Bristol Gate Capital Partners’ Stake Value: $101,483,000
Percentage of Bristol Gate Capital Partners’ 13F Portfolio: 5.74%
Number of Hedge Fund Holders: 51

Discount retailer Dollar General Corporation (NYSE:DG) offers a range of goods throughout the mid-western, southern, southwestern, and eastern regions of the United States. Bristol Gate Capital Partners holds 413,474 shares of Dollar General Corporation (NYSE:DG) worth $101.48 million, representing 5.74% of the fund’s overall portfolio.

After Dollar General Corporation (NYSE:DG)’s “strong” Q2 report, Morgan Stanley analyst Simeon Gutman increased his price objective on Dollar General to $270 from $250 and maintained an ‘Overweight’ rating on the stock, referring to it as his top stock in the Dollar Store sector.

According to Insider Monkey’s data, 51 hedge funds were bullish on Dollar General Corporation (NYSE:DG) at the end of June 2022, with combined stakes worth $2.37 billion, compared to 53 funds in the prior quarter worth $2.25 billion. William B. Gray’s Orbis Investment Management is the most prominent shareholder of Dollar General Corporation (NYSE:DG) in the second quarter, with a stake consisting of 1.59 million shares valued at $390.04 million.

You can also take a peek at 10 Stocks to Buy According to Kevin McCarthy’s Breakline Capital and 10 Stocks to Buy According to Mark McMeans’ Brasada Capital Management.

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