Promising Grocery Stocks To Watch Now - October 17th

Key Points

• Conagra Brands is highlighted as a top stock to watch, with analysts suggesting it may be a good investment given its high yield and potential for a turnaround.
• Albertsons Companies operates food and drug stores in the U.S., offering a range of products including groceries and health care items, indicating its diverse business model.
• Maplebear Inc., known as Instacart, provides online grocery shopping and delivery services, positioning it as a key player in the evolving grocery landscape.

Conagra Brands, Albertsons Companies, CAVA Group, Maplebear, and BJ's Wholesale Club are the five Grocery stocks to watch today, according to MarketBeat's stock screener tool. "Grocery stocks" are shares of publicly traded companies that operate supermarkets, grocery chains, food wholesalers and other businesses selling food and household essentials. Investors often treat them as defensive holdings because they benefit from steady, recession-resistant demand, though they can face thin margins, intense competition and sensitivity to commodity and labor costs. 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

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

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