Bernstein Remains Bullish on Dollar General (DG), Maintains Buy Call

Dollar General Corporation (NYSE:DG) is one of the best dividend stocks to buy. On October 28, Bernstein analyst Zhihan Ma reiterated a Buy rating on Dollar General, with a price target of $134.

On November 4, in another update independent of the analyst action, Dollar General reported that it has hired Travis Nixon as the Senior Vice President of AI Optimisation. This is a newly minted role that aims to implement artificial intelligence to improve operational efficiency, in addition to optimising merchandising and supply chains. Nixon has had over 10 years of AI and machine learning experience, and he previously worked as the Head of AI at Dropbox. His experience also includes technical roles at Meta and Microsoft.Bernstein Remains Bullish on Dollar General (DG), Maintains Buy Call

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Regarding Nixon's appointment, Steve Deckard, Dollar General’s Executive VP of Strategy and Development, commented:

“At a time when our customers rely on us more than ever, we're excited to welcome Travis and his transformative AI leadership to streamline operations and enhance the experience for Dollar General employees and customers. This new role represents our commitment to driving innovation to unlock value in our operations, making us stronger now and in the future. With greater strategic integration of AI, we look forward to accelerating and expanding existing efforts to drive operational excellence, cost efficiency, and customer-centric innovation.”

Dollar General Corporation (NYSE:DG) is an American discount retailer that offers a wide range of products, including everyday consumables, packaged foods, household items, and apparel.

While we acknowledge the potential of DG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure. None.

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