Grocery Stocks To Follow Now - October 18th

Key Points

• CAVA Group, Albertsons Companies, Conagra Brands, and other grocery stocks are being highlighted as top picks for investors, as they represent consumer staples with reliable revenue streams.
• These companies are currently experiencing high trading volumes and are under scrutiny due to potential margin pressures from competition and fluctuations in commodity prices.
• Maplebear, operating through Instacart, emphasizes the growing trend in online grocery shopping, showcasing the expansion of digital services in the grocery sector.

CAVA Group, Albertsons Companies, Conagra Brands, Maplebear, BJ's Wholesale Club, Casey's General Stores, and Brixmor Property Group 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, food wholesalers and other businesses that sell everyday food and household items. Investors view them as consumer staples plays that tend to generate steady, predictable revenues and often pay dividends, making them relatively defensive in economic downturns. They are nonetheless exposed to margin pressure from competition, shifts in consumer spending, and volatility in commodity and supply-chain costs. These companies had the highest dollar trading volume of any Grocery stocks within the last several days.

CAVA Group (CAVA)

Read Our Latest Research Report on CAVA

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

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

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

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