Philip Saglimbeni

Five Below: Far Above

At a time when consumer sentiment is on the rise, reaching almost six-year highs within the last month, it may not make a whole lot of sense to consider discount retailers as viable growth investments. However, the notoriously fickle nature of the consumer and the constant desire to save money allows even seemingly untrendy retailers to remain relevant to investors for long periods of time.

Select discount retailers like Five Below Inc. (NASDAQ:FIVE), that manage to successfully grow lower-end consumer goods product lines in an atmosphere where consumers are becoming increasingly comfortable spending additional money, remain uniquely positioned at this time. Such success is indicative of strong marketing and efficient management but more importantly, it means that these...

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