Grocery Stocks To Consider - July 23rd

Key Points

• MarketBeat highlighted seven grocery-related stocks as ones to watch: Albertsons, Casey’s General Stores, CAVA Group, Conagra Brands, Maplebear (Instacart), BJ’s Wholesale Club, and Brixmor Property Group.
• The stocks were flagged because they had the highest dollar trading volume among grocery stocks over the last several days, making them stand out to investors right now.
• The article notes that grocery companies are often seen as defensive investments since demand for food and household staples tends to stay steady even in weaker economic conditions.

Albertsons Companies, Casey's General Stores, CAVA Group, Conagra Brands, Maplebear, BJ's Wholesale Club, and Brixmor Property Group are the seven Grocery stocks to watch today, according to MarketBeat's stock screener tool. “Grocery stocks” refers to shares of companies involved in the production, distribution, or retail sale of food and household staples, such as supermarket chains, packaged food makers, and consumer staples distributors. For stock market investors, these companies are often viewed as relatively defensive investments because demand for groceries tends to remain steady even during economic downturns. These companies had the highest dollar trading volume of any Grocery stocks within the last several days.

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

CAVA Group (CAVA)

Read Our Latest Research Report on CAVA

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

Brixmor Property Group (BRX)

Brixmor Property Group, Inc. operates as a real estate investment trust, which engages in owning and operating a portfolio of grocery anchored community and neighborhood shopping centers. The company was founded in 1985 and is headquartered in New York, NY.

Read Our Latest Research Report on BRX

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