Promising Grocery Stocks To Consider - July 30th

Key Points

• Starbucks, Mondelez International, Berkshire Hathaway, Costco Wholesale, and Uber Technologies are identified as key grocery stocks to watch, offering potential stability and consistent dividends due to their classification as consumer staples.
• Starbucks shares recently traded at $93.37 with a market capitalization of $106.10 billion, and a price-to-earnings ratio of 33.85.
• Berkshire Hathaway's stock reached $478.83 with a market cap of $1.03 trillion and a price-to-earnings ratio of 12.76, highlighting its strong market position compared to its peers.

Starbucks, Mondelez International, Berkshire Hathaway, Costco Wholesale, and Uber Technologies are the five Grocery stocks to watch today, according to MarketBeat's stock screener tool. Grocery stocks refer to shares of publicly traded companies whose primary business is the retail sale of food, beverages and everyday household essentials. Because groceries are consumer staples with steady demand regardless of economic conditions, these stocks are often viewed as defensive investments that can provide portfolio stability and consistent dividends. These companies had the highest dollar trading volume of any Grocery stocks within the last several days.

Starbucks (SBUX)

Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of coffee worldwide. The company operates through three segments: North America, International, and Channel Development. Its stores offer coffee and tea beverages, roasted whole beans and ground coffees, single serve products, and ready-to-drink beverages; and various food products, such as pastries, breakfast sandwiches, and lunch items.

Shares of SBUX stock traded up $0.41 on Wednesday, hitting $93.37. 36,672,706 shares of the company's stock traded hands, compared to its average volume of 10,541,940. The company's fifty day simple moving average is $91.38 and its 200 day simple moving average is $94.66. Starbucks has a one year low of $72.72 and a one year high of $117.46. The stock has a market capitalization of $106.10 billion, a price-to-earnings ratio of 33.85, a P/E/G ratio of 6.48 and a beta of 1.02.

Read Our Latest Research Report on SBUX

Mondelez International (MDLZ)

Mondelez International, Inc., through its subsidiaries, manufactures, markets, and sells snack food and beverage products in the Latin America, North America, Asia, the Middle East, Africa, and Europe. It provides biscuits and baked snacks, including cookies, crackers, salted snacks, snack bars, and cakes and pastries; chocolates; and gums and candies, as well as various cheese and grocery, and powdered beverage products.

Mondelez International stock traded down $3.28 during midday trading on Wednesday, hitting $66.43. 13,360,986 shares of the company's stock were exchanged, compared to its average volume of 9,030,099. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.40 and a current ratio of 0.61. The company has a market cap of $86.01 billion, a PE ratio of 24.68, a P/E/G ratio of 5.24 and a beta of 0.48. The firm has a 50-day moving average of $67.79 and a two-hundred day moving average of $65.14. Mondelez International has a 12 month low of $53.95 and a 12 month high of $76.06.

Read Our Latest Research Report on MDLZ

Berkshire Hathaway (BRK.B)

Berkshire Hathaway Inc., through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide. The company provides property, casualty, life, accident, and health insurance and reinsurance; and operates railroad systems in North America. It also generates, transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydroelectric, nuclear, and geothermal sources; operates natural gas distribution and storage facilities, interstate pipelines, liquefied natural gas facilities, and compressor and meter stations; and holds interest in coal mining assets.

NYSE:BRK.B traded up $2.27 during mid-day trading on Wednesday, hitting $478.83. The stock had a trading volume of 1,842,843 shares, compared to its average volume of 4,833,777. Berkshire Hathaway has a twelve month low of $406.11 and a twelve month high of $542.07. The stock has a 50-day simple moving average of $487.39 and a two-hundred day simple moving average of $496.39. The company has a market capitalization of $1.03 trillion, a PE ratio of 12.76, a PEG ratio of 3.35 and a beta of 0.83.

Read Our Latest Research Report on BRK.B

Costco Wholesale (COST)

Costco Wholesale Corporation, together with its subsidiaries, engages in the operation of membership warehouses in the United States, Puerto Rico, Canada, Mexico, Japan, the United Kingdom, Korea, Australia, Taiwan, China, Spain, France, Iceland, New Zealand, and Sweden. The company offers branded and private-label products in a range of merchandise categories.

Shares of COST traded down $2.60 during trading on Wednesday, reaching $931.98. The company's stock had a trading volume of 840,509 shares, compared to its average volume of 2,203,926. Costco Wholesale has a twelve month low of $793.00 and a twelve month high of $1,078.23. The company has a market cap of $413.31 billion, a price-to-earnings ratio of 52.84, a P/E/G ratio of 5.81 and a beta of 0.97. The company has a fifty day moving average of $987.99 and a two-hundred day moving average of $983.87. The company has a quick ratio of 0.52, a current ratio of 1.02 and a debt-to-equity ratio of 0.21.

Read Our Latest Research Report on COST

Uber Technologies (UBER)

Uber Technologies, Inc. develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia excluding China and Southeast Asia. It operates through three segments: Mobility, Delivery, and Freight. The Mobility segment connects consumers with a range of transportation modalities, such as ridesharing, carsharing, micromobility, rentals, public transit, taxis, and other modalities; and offers riders in a variety of vehicle types, as well as financial partnerships products and advertising services.

NYSE:UBER traded up $0.38 during mid-day trading on Wednesday, hitting $87.49. 8,323,101 shares of the company's stock traded hands, compared to its average volume of 22,260,895. The firm has a 50 day moving average of $89.16 and a two-hundred day moving average of $79.94. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.37. Uber Technologies has a 12 month low of $54.84 and a 12 month high of $97.71. The firm has a market capitalization of $182.96 billion, a price-to-earnings ratio of 15.32, a price-to-earnings-growth ratio of 1.04 and a beta of 1.40.

Read Our Latest Research Report on UBER