Services Stocks Worth Chasing: Dollar General Corporation (DG), Viacom, Inc. (VIAB)
Dollar General Corporation (DG) ended last trading session with a change of -0.41 percent. It trades at an average volume of 2.64M shares versus 3.53M shares recorded at the end of last trading session. The share price of $72.59 is at a distance of 9.51 percent from its 52-week low and down -24.56 percent versus its peak. The company has a market cap of $20.26B and currently has 279.07M shares outstanding. The share price is currently -3.39 percent versus its SMA20, -1.9 percent versus its SMA50, and -8.12 percent versus its SMA200. The stock has a weekly performance of 0.23 percent and is -2 percent year-to-date as of the recent close.
On February 22, 2017 Dollar General Corporation (DG) announced plans to build the company’s 16th distribution center in Amsterdam, New York, located in Montgomery County. At full capacity, the project is expected to create 430 new jobs, as well as up to 200 additional, temporary construction jobs needed to build the project. After necessary permits and approvals are received, construction on the estimated 750,000-square-foot facility should begin in late spring 2017 with a planned completion date in fall 2018.
Viacom, Inc. (VIAB) recently recorded -1.33 percent change and currently at $43.15 is 28.08 percent away from its 52-week low and down -6.53 percent versus its peak. It has a past 5-day performance of 2.28 percent and trades at an average volume of 4.48M shares. The stock has a 1-month performance of -1.69 percent and is 22.93 percent year-to-date as of the recent close. There were about 404.77M shares outstanding which made its market cap $17.47B. The share price is currently -1.21 percent versus its SMA20, 4.53 percent versus its SMA50, and 8.03 percent versus its SMA200.
March 3, 2017 — Nickelodeon–the number-one kids’ network–heads into the new season with a content pipeline for every genre kids love, filled with almost 700 episodes of new and returning series across its platforms in preschool, animation and live action; TV movies and tent-pole events; and real-world experiences that will grow the brand further beyond television. Guided by the audience in everything it does, Nickelodeon uses its research insights to create the most relevant and authentic content for kids, resulting in the network’s top-rated status and ownership of the top shows with Kids 2-11, Kids 6-11 and Kids 2-5. Details of Nick’s content pipeline and its plans to expand its footprint past its own screens were outlined at the network’s annual upfront presentation, held at New York City’s Jazz at Lincoln Center. Nickelodeon and all related titles, characters and logos are trademarks of Viacom Inc. (VIAB).