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Grocery Stocks To Follow Today - October 15th

Conagra Brands logo with Consumer Staples background

Key Points

  • Five notable grocery stocks to watch today include Conagra Brands, Albertsons Companies, CAVA Group, BJ's Wholesale Club, and Maplebear, as identified by MarketBeat's stock screener.
  • Conagra Brands is highlighted for its 7% yield and potential turnaround opportunities for investors this October.
  • Maplebear, operating under the name Instacart, provides online grocery shopping services and is expanding its delivery and virtual convenience store offerings.
  • Five stocks we like better than Conagra Brands.

Conagra Brands, Albertsons Companies, CAVA Group, BJ's Wholesale Club, and Maplebear are the five Grocery stocks to watch today, according to MarketBeat's stock screener tool. "Grocery stocks" are shares of companies that operate supermarkets, food retailers, wholesalers, and related food-distribution businesses. Investors view them as consumer staples plays that tend to produce steady, defensive cash flows and dividends with relatively low growth and sensitivity to commodity prices, labor costs, and consumer spending patterns. 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

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

CAVA Group (CAVA)

Read Our Latest Research Report on CAVA

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

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

Further Reading

Should You Invest $1,000 in Conagra Brands Right Now?

Before you consider Conagra Brands, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Conagra Brands wasn't on the list.

While Conagra Brands currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

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