The Investment Reporter, in its May 26, 2023, issue, refreshes its buy of Dollarama Inc., recently $83.59. The Reporter said buy five times from July 29, 2011, to May 5, 2023, at prices ranging from $32.78 to $82.96. Assuming an investment of $1,000 for each of the five buys, the $5,000 position would now be worth $7,606. Dollarama has over 1,400 retail locations across Canada that specialize in low-price merchandise. For the year ended Jan. 30, 2023, Dollarama earned $801.9-million, or $2.76 a share, compared with earnings of $663.2-million, or $2.18 a share, in the year ended Jan. 30, 2022. The Reporter notes that Dollarama, as a value retail store, is likely performing well at a time when high inflation is eating into Canadians' wallets. Dollarama pays a quarterly dividend of 7.08 cents a share. Annualized, this is equal to a tiny yield of 0.3 per cent. The company will probably earn $3.15 a share in fiscal 2024. The stock trades at a high 26.6 times that figure. The Reporter says the premium valuation reflects Dollarama's stable business and its ability to profit in an uncertain economy. The Reporter says buy Dollarama, primarily for growth.