Best Grocery Stocks To Keep An Eye On - October 22nd

Key Points

• The top five grocery stocks to watch are Conagra Brands, CAVA Group, Maplebear, Albertsons Companies, and Casey's General Stores, as identified by MarketBeat's stock screener tool.
• Investors consider grocery stocks part of the consumer staples/defensive sector due to consistent demand, although competition and commodity prices can impact profitability.
• Conagra Brands is highlighted for its high yield and potential turnaround, making it a notable investment choice for October.

Conagra Brands, CAVA Group, Maplebear, Albertsons Companies, and Casey's General Stores are the five Grocery stocks to watch today, according to MarketBeat's stock screener tool. "Grocery stocks" refers to shares of publicly traded companies that operate supermarkets, grocery chains, wholesale food retailers, and related food‑retail businesses. Investors view them as part of the consumer staples/defensive sector because they benefit from consistent demand for food and household essentials, though their margins and growth can be affected by competition, commodity prices, and shifts to e-commerce. These companies had the highest dollar trading volume of any Grocery stocks within the last several days.

Conagra Brands (CAG)

Conagra Brands, Inc., together with its subsidiaries, operates as a consumer packaged goods food company primarily in the United States. The company operates through Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice segments. The Grocery & Snacks segment primarily offers shelf stable food products through various retail channels.

Read Our Latest Research Report on CAG

CAVA Group (CAVA)

Read Our Latest Research Report on CAVA

Maplebear (CART)

Maplebear Inc., doing business as Instacart, engages in the provision of online grocery shopping services to households in North America. It sells and delivers grocery products, as well as pickup services through a mobile application and website. It also operates virtual convenience stores; and provides software-as-a-service solutions to retailers.

Read Our Latest Research Report on CART

Albertsons Companies (ACI)

Albertsons Companies, Inc., through its subsidiaries, engages in the operation of food and drug stores in the United States. The company's food and drug retail stores offer grocery products, general merchandise, health and beauty care products, pharmacy, fuel, and other items and services. It also manufactures and processes food products for sale in stores.

Read Our Latest Research Report on ACI

Casey's General Stores (CASY)

Casey's General Stores, Inc. engages in the provision of management and operation of convenience stores and gasoline stations. It provides self-service gasoline, a wide selection of grocery items, and an array of freshly prepared food items. The firm offers food, beverages, tobacco products, health and beauty aids, automotive products, and other non-food items.

Read Our Latest Research Report on CASY