Top Retail Stocks To Own Right Now

Top Retail Stocks To Own Right Now: Family Dollar Stores Inc.(FDO)

Family Dollar Stores, Inc. operates a chain of self-service retail discount stores primarily for low and middle income consumers in the United States. The company offers consumables, including household chemicals, paper products, candy and snack products, health and beauty aids, hardware and automotive supplies, and pet food products and supplies; and home products, which comprise domestics, housewares, giftware products, and home decor products. It also provides apparel products and accessories consisting of men?s and women?s clothing products, boys? and girls? clothing products, infants? clothing products, shoes, and fashion accessories; and seasonal products and electronics, such as toys, stationery and school supplies, seasonal goods, and personal electronics. As of August 11, 2011, the company operated approximately 7,000 stores in rural and urban settings across 44 states. Family Dollar Stores, Inc. was founded in 1959 and is headquartered in Matthews, North Carolina .

Advisors' Opinion:

• [By WWW.DAILYFINANCE.COM]

  Richard Levine/Alamy These aren't the best of times for discount retailers, but it certainly seems as if Family Dollar (FDO) has become the belle of the marked-down ball. Two chains catering to thrifty-minded shoppers have entered into an unlikely bidding war for Family Dollar, and it's shaping up to be a bit more interesting than your typical love triangle between three retailers with the name "Dollar" in their monikers. The story began late last month when Family Dollar announced that it would be acquired by Dollar Tree (DLTR) in an $8.5 billion transaction. It seemed like a simple enough transaction. Dollar Tree would be paying a reasonable 22 percent premium for Family Dollar. The deal would create a discounting behemoth with 13,000 stores across North America. The combined companies would eventually result in trimming $300 ! million in annual overhead. It seemed like a great way out for frustrated Family Dollar shareholders. The deep discounter had missed Wall Street's profit targets for three consecutive quarters. Analysts see declining profitability on flat sales for its fiscal year that ends this week. It seemed as if Dollar Tree would have Family Dollar all to itself, but then it got some unexpected company. Turning Down a Fistful of Dollars Dollar General (DG) stepped into the picture last week, offering to pay even more for Family Dollar. It offered an all-cash deal valued closer to $9 billion. The deal seemed to be clearly superior on the surface, but Family Dollar's board shot it down. This wouldn't be the first time that a board sided with a friendly buyout offer to a higher hostile one. Arranged deals often mean cushier positions for the acquired company. However, there was a method to the board's madness this time. Family Dollar declined Dollar General's offer because it felt that antitrust regulators wouldn't let that particular buyout go through. Dollar General rings up more than twice as much in sales as Dollar Tree. The bigger the riv

• [By David Kerr]

  Discount store Family Dollar (FDO) has finally put itself up for sale after much pressure from billionaire investor Carl Icahn (Trades, Portfolio), who recently acquired a 9.4% stake in the company. Icahn reportedly sent a letter to Family Dollars CEO demanding that the company offer itself for sale, which he believes would greatly improve the companys performance and bring the company up to speed with other big name rivals. The billionaire investor went as far as to threatening to disperse his demands and recommendations to the companys shareholders, and to make an attempt at pushing out the entire board of directors. Needless to say, Icahn firmly believed that Family Dollars management team was not up to the task of managing the organizations operations. The discount chain obviously recognized problems within the business when it clo! sed a lar! ge number of stores, and announced plans to close almost 400 more in the third and fourth quarter of 2014.

• [By Brad Thomas]

  Like many of the other Triple-Net REITs, Agree operates its investment platform with a variety of free-standing net lease tenants including many household names such as Walgreens (WAG), CVS (CVS), Staples, Chase Bank, AutoZone (AZO), Advance Auto Parts (AAP), Lowe's (LOW), McDonald's (MCD), Family Dollar (FDO), Harris Teeter, Dollar General (DG), and Wawa. As shown below, Agree has a majority (88%) of nationally-recognized tenants, including many investment grade retailers (62.6%).

source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/top-retail-stocks-to-own-right-now.html