Best Grocery Stocks To Add to Your Watchlist - August 11th

Key Points

• Nebius Group and other grocery stocks like Uber Technologies, Costco Wholesale, Berkshire Hathaway, and Walmart are highlighted as top stocks to watch, showing a significant trading volume recently.
• Costco shares saw an increase of $7.08, reaching $988.06, and boasts a market cap of $438.18 billion with a P/E ratio of 56.04.
• Walmart traded up to $103.96, with a notable market cap of $829.60 billion and a price-to-earnings ratio of 44.47.

Nebius Group, Uber Technologies, Costco Wholesale, Berkshire Hathaway, and Walmart are the five Grocery stocks to watch today, according to MarketBeat's stock screener tool. Grocery stocks are the quantities of food, beverages, and household items that a supermarket or grocery store keeps on hand to meet customer demand. They encompass everything from perishable goods like fruits and dairy to non-perishables such as canned foods and cleaning supplies, and are managed through ordering, storage, and merchandising processes. Proper stocking ensures shelves stay full, reduces spoilage, and helps maintain smooth store operations. These companies had the highest dollar trading volume of any Grocery stocks within the last several days.

Nebius Group (NBIS)

Nebius Group N.V., a technology company, builds intelligent products and services powered by machine learning and other technologies to help consumers and businesses navigate the online and offline world. The company's services include Nebius AI, an AI-centric cloud platform that offers infrastructure and computing capability for AI deployment and machine-learning oriented solutions; and Toloka AI that offers generative AI (GenAI) solutions at every stage of the GenAI lifecycle, such as data annotation and generation, model training and fine-tuning, and quality assessment of large language model for accuracy and reliability.

Shares of Nebius Group stock traded up $1.54 on Monday, reaching $70.32. 17,957,062 shares of the company's stock were exchanged, compared to its average volume of 12,917,398. The company has a debt-to-equity ratio of 0.31, a quick ratio of 14.70 and a current ratio of 14.70. Nebius Group has a 52 week low of $14.09 and a 52 week high of $75.96. The firm's 50-day moving average is $50.52 and its two-hundred day moving average is $37.29. The company has a market capitalization of $16.58 billion, a P/E ratio of -123.88 and a beta of 3.36.

Read Our Latest Research Report on NBIS

Uber Technologies (UBER)

Uber Technologies, Inc. develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia excluding China and Southeast Asia. It operates through three segments: Mobility, Delivery, and Freight. The Mobility segment connects consumers with a range of transportation modalities, such as ridesharing, carsharing, micromobility, rentals, public transit, taxis, and other modalities; and offers riders in a variety of vehicle types, as well as financial partnerships products and advertising services.

NYSE:UBER traded up $1.48 during trading on Monday, reaching $91.04. The company's stock had a trading volume of 10,766,917 shares, compared to its average volume of 22,323,688. The firm has a 50 day moving average of $89.44 and a 200-day moving average of $81.25. Uber Technologies has a 12 month low of $59.33 and a 12 month high of $97.71. The firm has a market cap of $190.38 billion, a price-to-earnings ratio of 15.51, a price-to-earnings-growth ratio of 1.03 and a beta of 1.43. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.11 and a current ratio of 1.11.

Read Our Latest Research Report on UBER

Costco Wholesale (COST)

Costco Wholesale Corporation, together with its subsidiaries, engages in the operation of membership warehouses in the United States, Puerto Rico, Canada, Mexico, Japan, the United Kingdom, Korea, Australia, Taiwan, China, Spain, France, Iceland, New Zealand, and Sweden. The company offers branded and private-label products in a range of merchandise categories.

NASDAQ:COST traded up $7.08 during trading hours on Monday, hitting $988.06. 887,578 shares of the company's stock traded hands, compared to its average volume of 2,212,417. The company has a quick ratio of 0.52, a current ratio of 1.02 and a debt-to-equity ratio of 0.21. The business's fifty day simple moving average is $977.93 and its two-hundred day simple moving average is $985.43. The firm has a market cap of $438.18 billion, a P/E ratio of 56.04, a P/E/G ratio of 6.10 and a beta of 0.96. Costco Wholesale has a 52 week low of $852.40 and a 52 week high of $1,078.23.

Read Our Latest Research Report on COST

Berkshire Hathaway (BRK.B)

Berkshire Hathaway Inc., through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide. The company provides property, casualty, life, accident, and health insurance and reinsurance; and operates railroad systems in North America. It also generates, transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydroelectric, nuclear, and geothermal sources; operates natural gas distribution and storage facilities, interstate pipelines, liquefied natural gas facilities, and compressor and meter stations; and holds interest in coal mining assets.

Shares of NYSE:BRK.B traded down $0.99 on Monday, reaching $464.41. 1,818,611 shares of the company traded hands, compared to its average volume of 4,886,825. Berkshire Hathaway has a 52 week low of $425.90 and a 52 week high of $542.07. The business's 50-day simple moving average is $481.45 and its 200 day simple moving average is $497.06. The stock has a market capitalization of $1.00 trillion, a P/E ratio of 15.92, a price-to-earnings-growth ratio of 3.24 and a beta of 0.81.

Read Our Latest Research Report on BRK.B

Walmart (WMT)

Walmart Inc. engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.

Shares of WMT traded up $0.23 during trading hours on Monday, reaching $103.96. 6,458,135 shares of the company traded hands, compared to its average volume of 19,005,992. Walmart has a 12 month low of $67.14 and a 12 month high of $105.30. The company has a market capitalization of $829.60 billion, a price-to-earnings ratio of 44.47, a price-to-earnings-growth ratio of 4.99 and a beta of 0.66. The company's fifty day moving average price is $97.30 and its two-hundred day moving average price is $95.39. The company has a quick ratio of 0.22, a current ratio of 0.78 and a debt-to-equity ratio of 0.47.

Read Our Latest Research Report on WMT

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