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Best Grocery Stocks Worth Watching - October 1st

Conagra Brands logo with Consumer Staples background

Key Points

  • Conagra Brands leads the list of grocery stocks to watch, showcasing a favorable 7% yield and a potential turnaround opportunity.
  • Other notable grocery stocks mentioned include Maplebear (Instacart), BJ's Wholesale Club, CAVA Group, and United Natural Foods, all of which offer steady revenues and dividends.
  • Investors consider grocery stocks as defensive holdings that provide portfolio stability against market volatility, particularly during economic downturns.
  • MarketBeat previews top five stocks to own in November.

Conagra Brands, Maplebear, BJ's Wholesale Club, CAVA Group, Casey's General Stores, United Natural Foods, and Albertsons Companies are the seven Grocery stocks to watch today, according to MarketBeat's stock screener tool. Grocery stocks are shares of publicly traded companies that operate supermarkets, grocery chains and related food‐retail businesses. Because they sell everyday essentials like food and household goods, these consumer‐staples companies tend to deliver steady revenues and dividends even in economic downturns. Investors often view them as defensive holdings that help stabilize a portfolio against market volatility. 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

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

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

CAVA Group (CAVA)

Read Our Latest Research Report on CAVA

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

United Natural Foods (UNFI)

United Natural Foods, Inc., together with its subsidiaries, distributes natural, organic, specialty, produce, and conventional grocery and non-food products in the United States and Canada. It operates in two segments, Wholesale and Retail. The company offers grocery and general merchandise, produce, perishables and frozen foods, wellness and personal care items, and bulk and foodservice products.

Read Our Latest Research Report on UNFI

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

See Also

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