Buy - Price 42 on Nov. 25
by Wedbush Morgan

Q3 EPS of 47 cents...[beat] guidance of 40 cents to 43 cents/consensus 44 cents. Q4 guidance is for $1.07 to $1.15 EPS on sales of $1.38 billion to $1.42 billion, and low to low-mid-single-digit comps [same-store sales] ...Q3 comp of 6.2% versus 1.9% beat our estimated 3%....Strong merchandising, including ability to flex the in-demand consumables category, is attracting new customers....We're raising our full-year E-EPS to $2.50 (from $2.44); guidance is $2.45 to $2.53. Reiterating Buy; we believe DLTR's momentum should continue through the holidays.... Raising target to 44 (from 43), which assumes DLTR should trade at 16.5 times our revised '09E EPS of $2.68 -- a 10% premium to our projected longer-term earnings-growth rate of 15%. Market cap: $3.7 billion.

The largest retailer of items costing a dollar or less was among the most active names on the Nasdaq Tuesday.

1. Dollar Tree (DLTR) and 2. Family Dollar (FDO). Total trade down, makes a ton of sense, can go up for some time. I believe that the possibilities of a mini-bull market in dollar stores are playable on any weakness.

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Buy - Price: 34.10 on Oct. 14
by Wedbush Morgan

We reiterate our Buy recommendation as we believe that Dollar Tree's business momentum should continue through the holiday season and that its results should look good relative to other more discretionary retailers'. We remain confident that the company will continue to execute its top-line driving strategies.... Our $43 price target assumes DLTR should trade at 16.5 times our 2009 EPS estimate of $2.60, or at a 10% premium to our projected longer-term earnings growth rate of 15% despite the challenging macro environment. Market cap: $3.1 billion.

Good defensive stock during a downturn

Dollar Tree (DLTR) was upgraded to Neutral from Underweight, JP Morgan said. Most of the negative catalysts have played out since the CFO left last October.

Discount Retailer Sees Dollar Signs in Downturn
David Fox, CEO of extreme value retailer Buck-A-Roo$, says an economic downturn is the perfect time to expand and take on larger chains 99 Cents Only Stores and Dollar Tree.

Click here to watch the video.

50 cent birthday cards, and dollar shampoo. Got to save for Botox somewhere.

Great store.