Top Grocery Stocks To Add to Your Watchlist - March 10th

Key Points

• MarketBeat’s screener highlights five grocery stocks to watch — Casey’s General Stores (CASY), CAVA Group (CAVA), Conagra Brands (CAG), Maplebear/Instacart (CART), and BJ’s Wholesale Club (BJ) — selected because they had the highest dollar trading volume among grocery names recently.
• These picks span the sector’s key business models — convenience/gas and fresh food (Casey’s), fast-casual (CAVA), consumer packaged goods (Conagra), online grocery delivery (Instacart), and membership wholesale (BJ’s) — reflecting the defensive, steady-cash-flow nature of grocery stocks during economic downturns.

Casey's General Stores, CAVA Group, Conagra Brands, 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 companies that operate supermarkets, grocery chains, food wholesalers, and other businesses that sell or distribute everyday food and household consumables. Investors often view them as defensive, generally lower-margin but stable businesses that generate steady cash flow and tend to hold up relatively well during economic downturns because demand for groceries is less cyclical. 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

CAVA Group (CAVA)

Read Our Latest Research Report on CAVA

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

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

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