Best Grocery Stocks To Watch Today - October 16th

Key Points

• Conagra Brands leads the list of grocery stocks to watch, identified as having both high yields and being undervalued.
• The highlighted grocery stocks include CAVA Group, Albertsons Companies, BJ's Wholesale Club, and Casey's General Stores due to their substantial trading volume and stable consumer demand.
• These companies are considered defensive holdings, typically offering steady cash flows and dividend income amid economic fluctuations.

Conagra Brands, CAVA Group, Albertsons Companies, BJ's Wholesale Club, and Casey's General Stores are the five Grocery stocks to watch today, according to MarketBeat's stock screener tool. Grocery stocks are shares of companies involved in selling and distributing food and household staples—including supermarket chains, discount grocers, online grocery platforms, and related wholesalers and suppliers. Investors often view them as defensive holdings because consumer demand for groceries is relatively stable across economic cycles, typically producing steady cash flows and dividend income though generally slower growth than more cyclical or high-growth sectors. 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)

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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

BJ's Wholesale Club (BJ)

BJ's Wholesale Club Holdings, Inc. engages in the operation of membership warehouse clubs. Its product categories include grocery, household and pet, television and electronics, furniture, computer and tablets, patio and outdoor living, lawn and garden, baby and kids, toys, home, health and beauty, appliances, and jewelry.

Read Our Latest Research Report on BJ

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