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Promising Grocery Stocks To Follow Now - August 6th

Casey's General Stores logo with Consumer Staples background
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Key Points

  • Seven grocery-related stocks are highlighted: Casey’s General Stores (CASY), Conagra Brands (CAG), CAVA Group (CAVA), Maplebear/Instacart (CART), Albertsons (ACI), BJ’s Wholesale Club (BJ), and Brixmor Property Group (BRX).
  • These companies ranked among the grocery stocks with the highest recent dollar trading volume, spanning convenience stores, packaged foods, restaurants, online grocery delivery, supermarkets, warehouse clubs, and grocery-anchored retail properties.
  • Grocery stocks are often viewed as consumer-staples investments because food and household demand is relatively steady, though competition, inflation, and narrow profit margins can weigh on profitability.
  • MarketBeat previews the top five stocks to own by September 1st.

Casey's General Stores, Conagra Brands, CAVA Group, Maplebear, Albertsons Companies, BJ's Wholesale Club, 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 stores, food retailers, or related distribution businesses. Investors often view them as consumer-staples investments because demand for food and household essentials tends to remain relatively steady, though profitability can be affected by competition, inflation, and narrow margins. 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.

Read Our Latest Research Report on CASY

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

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

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

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

Further Reading

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