Friday’s successful launch of Dollar General’s (DG) IPO suggests the recession is a good time for deep discounters or stores that offer rock-bottom prices to cash-strapped shoppers.Dollar General operates about 8 700 stores in 35 states most in small towns and about 30% of the total in low income neighborhoods. Dollar General plans to open about 600 new stores next year and remodel or relocate another 500. The company’s same-store sales rose about 8.5% for the fiscal quarter ending in July.In July 2007 Dollar General was taken private by KKR and Goldman Sachs (GS). Dollar General priced its initial ...

99 Cents Only Stores are doing well, but how will deep-discounters perform as we enter recovery?

IPOs planned for week will be worth a combined $865.2 million if companies sell at the middle of their anticipated ranges.

As I mentioned yesterday I whipped my kids in Wii Boxing over the weekend. Well they just couldn’t let it go so last night we had a best-of-seven rematch and I beat them again. Looks like those endless hours of playing Atari and Pong are finally paying off.Asian stocks rose overnight. The Hang Seng was up 0.83% while the Nikkei was up 0.98%. However European stocks were in the red earlier this morning. And here in the US we’re currently trading lower.Here’s what I’m seeing this morning:Apple (AAPL): The company known for its iPods Macs and chief executive who ...

Family Dollar Stores continue to show the strength of the deep-discounters.

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by TheFortuneFinancial.com.