Often mentioned here in the past, Dollar Tree looks good to me at $38.Not screamingly cheap at about 14 times current run-rate earnings, andnot a big fall from its high last June around $57, but I like 'em.With essentially no debt and steadily rising earnings I think EPS will grow for quite a while.They've bought back about 4.4% of their shares each year on average in the last 9 years.All of book/share, cashflow/share, sales/share have risen 16%-17%/year in the last decade.Net return on assets in the 20-30% range in the last few years.With luck it's a great business (and simple too!) at a fair price rather than a fair business at a great price.Target price >=double in <=5 years which means >=15%/year for that period.Might get cheaper. If so I'll add more.I did a synthetic long, very rare for me to get that fancy.(write a put and buy an ITM call: essentially all the risk and reward but little or no cash up front, though that's not really why I did it)Jim
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