Dollar General Stock Drops on Rural Economic Troubles, But Fund Managers See Turnaround Potential

• Dollar General shares dropped 50% last year due to economic hardship for its low-income rural customers

• Top fund managers see recovery potential and have been buying the discounted shares

• Former CEO Todd Vasos returned last year and is working to cut costs and moderate expansion

• As a discount retailer, Dollar General may be resilient if tough conditions for its customers persist

• The stock appears attractively priced compared to pandemic highs if revenue growth resumes