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Week Ahead: Dick's Takes the Field

The undervalued sporting-goods retailer, which reports earnings this week, is well-positioned as rivals struggle.

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For Morningstar, I'm Jeremy Glaser. Welcome to The Week Ahead, our quick take on what investors should have on their radar screens for the week starting March 7.

This week will be fairly quiet on the earnings and data front. As reporting season is essential over, there are no major data releases scheduled.

Morningstar analyst Paul Swinand sees sporting goods as a healthy consumer category, and he thinks that Dick's is well positioned to take advantage of this trend. This is particularly true now that its competitors, like Sports Authority, are struggling and closing stores. We’ll see how Dick’s is faring when it reports earnings on Tuesday.

Narrow-moat Dollar General reports on Thursday. The firm recently lost a competitive threat when Wal-Mart decided to pull the plug on its foray into small-format stores earlier this year. Analyst Ken Perkins thinks this will only provide a small near-term uptick in traffic, but he still thinks there is plenty of room for growth over the long term.

With little new economic data due in the week, all eyes will likely be on the Fed's March meeting, which will take place March 15 and 16.

Stay tuned to Morningstar for our take on all of these stories throughout the week.

Jeremy Glaser does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.