Grocery Stocks To Keep An Eye On - October 13th

Key Points

• Conagra Brands is highlighted as a possible buy in October due to its high yield and perceived deep value, indicating a strong investment potential.
• BJ's Wholesale Club and CAVA Group are also featured as key grocery stocks to monitor, along with Maplebear and Albertsons Companies.
• These grocery companies are considered defensive assets that provide steady revenue and dividends, although they face challenges from low margins and consumer spending fluctuations.

Conagra Brands, BJ's Wholesale Club, CAVA Group, Maplebear, and Albertsons Companies are the five Grocery stocks to watch today, according to MarketBeat's stock screener tool. Grocery stocks are shares of publicly traded companies whose primary business is selling food and everyday household items—such as supermarkets, food wholesalers, convenience-store chains, and online grocers. Investors typically view them as defensive assets that provide steady revenue and dividend potential but operate with relatively low margins and are sensitive to consumer spending, commodity costs, and supply-chain factors. 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

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

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

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

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