More of your opinions on virtual assistants…
“No way, no how would I ever put one of those devices in my home! The reason provided by your good article.”
And a reader from the Lone Star state says:
“I don’t invite spies into my home, electronic or otherwise. My laptop and Kindle have their ‘eyes’ blindfolded. And I live 25 miles from town, down on a dirt road on 30 acres of cowpasture and huisache.
“No, I’m not paranoid, just cautious.”
Last, a reader’s dissenting opinion…
“I use Alexa and realize it’s always listening in whether I’m using it or not. Nothing I say or do should interest anyone and might be good for a few laughs along the way… but I could really care less about it.”
We believe the loss of privacy is a very dangerous thing — once lost, it almost impossible to get back.
The reader’s entitled to his opinion, of course, but how would you argue against it?
Your Rundown for Tuesday, July 16, 2019:
Today, we’re checking in with Dollar General (DG) — a stock we’ve been underscoring for about a year now.
In December, we said the company’s execs said it anticipated positive sales growth in each of its stores. And in 2019, DG scheduled to…
- Open 975 new stores
- Remodel 1,000 existing stores
- Relocate 100 stores
Then in May, we reported Dollar General serves customers other retailers avoid… to their own peril.
“By serving the bottom of the nation’s economic pyramid,” Forbes said, “Dollar General has generated one of the top performance records in retail.
“In 2018, the company reported its 29th straight year of same-store sales growth—despite minimal e-commerce.
“That’s a streak no other major U.S. retailer can match: Even mighty Walmart endured nearly two years of comparable-sales declines earlier this decade.”
And Dollar General raked in $25.6 billion in revenue last year, “giving it a market cap of $33 billion, five times higher than Macy’s,” Forbes says.
Today, we learn if you’d bought shares of DG five years ago, you’d have realized a 147% rate of return. Including the dividend? You’d be up 160%.
What are you waiting for? And — if DG shares are already included in your portfolio — let us know.
Market Rundown for Tues. July 16, 2019
S&P 500 futures are steady at 3,013.53.
Oil’s up 30 cents to $59.38 for a barrel of West Texas crude.
Gold is down $1.50 to $1,412.00 per ounce.
Bitcoin slides $375.68 to $10,474.02.
Have a good. We’ll talk tomorrow.
For the Rundown,