Dollar Tree, Inc. (NASDAQ: DLTR) Discount variety stores have served millions of people in North America for more than 30 years and over the past year have been the source of superior returns for investors.
Since February 2021, Dollar Tree stock’s one-year return has outperformed many of the world’s most popular tech stocks: Tesla Inc. (NASDAQ: TSLA), Microsoft Corporation (NASDAQ: MSFT), Apple Inc. (NASDAQ: AAPL) and Advanced Micro Devices, Inc. (NASDAQ: AMD).
Dollar Tree has more than 15,500 stores under its Family Dollar name and unit in the United States and Canada. The chain offers branded and private label products, usually priced at $1.25.
The company was founded in 1986 and is based in Chesapeake, Virginia.
Here’s how returns break down from February 2021 to present:
- Tesla drops from $796.23 to $875.76 for a 10% return
- Microsoft drops from $243.70 to $295.00 for a 21.05% return
- Apple goes from $113.19 to $168.88 for a return of 26.80%
- AMD drops from $91.46 to $114.27 for a 24.94% return
- And finally, Dollar Tree fell from $107.65 to $136.96 for a return of 27.23%
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