Grocery Stocks To Watch Now - November 13th

Key Points

• Casey’s General Stores (CASY), BBB Foods (TBBB), and Maplebear (CART) were identified as grocery stocks to watch based on their recent dollar trading volume. The category includes food retailers that may be relatively defensive, though performance still depends on competition, costs, and company execution.
• All three stocks rose in Friday trading: Casey’s gained $2.13 to $708.76, BBB Foods rose $1.43 to $69.43, and Maplebear added $0.51 to $58.98.
• The companies span different grocery businesses: Casey’s operates convenience stores and gas stations, BBB Foods runs grocery stores in Mexico, and Maplebear provides Instacart’s online grocery delivery, pickup, and retailer software services.

Casey's General Stores, BBB Foods, and Maplebear are the three Grocery stocks to watch today, according to MarketBeat's stock screener tool. Grocery stocks are shares of companies that sell groceries, such as supermarket chains and other food retailers. Investors may view them as relatively defensive because demand for food tends to remain steady, though their returns still depend on factors like competition, costs, and company performance. These companies had the highest dollar trading volume of any Grocery stocks within the last several days.

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.

Shares of NASDAQ:CASY traded up $2.13 on Friday, reaching $708.76. 110,633 shares of the company were exchanged, compared to its average volume of 515,442. The company has a current ratio of 1.02, a quick ratio of 0.61 and a debt-to-equity ratio of 0.57. The company has a 50-day moving average of $654.32 and a 200-day moving average of $742.61. Casey's General Stores has a 1-year low of $529.84 and a 1-year high of $927.85. The firm has a market cap of $26.20 billion, a price-to-earnings ratio of 34.19, a price-to-earnings-growth ratio of 2.31 and a beta of 0.59.

Read Our Latest Research Report on CASY

BBB Foods (TBBB)

BBB Foods Inc., through its subsidiaries, operates a chain of grocery retail stores in Mexico. It offers household cleaning, personal hyenine, cosmetics and beauty, pharmacy, and general merchandise products, as well as jellies and desserts, foods and drinks, pet supplies, coffee, tea, chocolates, breads, dry and frozen foods, snacks and sweets, and toilet papers and napkins.

TBBB traded up $1.43 during trading on Friday, reaching $69.43. 944,972 shares of the stock were exchanged, compared to its average volume of 713,823. The company has a market capitalization of $8.23 billion, a price-to-earnings ratio of -73.60 and a beta of -0.01. BBB Foods has a 1 year low of $25.84 and a 1 year high of $70.26. The business's 50 day moving average price is $55.95 and its two-hundred day moving average price is $43.30. The company has a debt-to-equity ratio of 2.09, a current ratio of 0.69 and a quick ratio of 0.45.

Read Our Latest Research Report on TBBB

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.

NASDAQ:CART traded up $0.51 during trading hours on Friday, reaching $58.98. 983,899 shares of the company traded hands, compared to its average volume of 4,738,501. The firm's 50-day moving average is $50.41 and its 200-day moving average is $44.15. The stock has a market cap of $13.96 billion, a P/E ratio of 30.71, a P/E/G ratio of 1.17 and a beta of 0.69. Maplebear has a 1-year low of $32.73 and a 1-year high of $62.00.

Read Our Latest Research Report on CART

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