Top Grocery Stocks To Add to Your Watchlist - October 3rd

Key Points

• Seven Grocery Stocks to Watch: MarketBeat highlights Maplebear, CAVA Group, BJ's Wholesale Club, Conagra Brands, United Natural Foods, Albertsons Companies, and Casey's General Stores as key grocery stocks due to their stable revenues and defensive investment appeal.
• Maplebear (Instacart): Known for its online grocery shopping services, Maplebear is expanding its offerings to include virtual convenience stores and software solutions for retailers.
• Conagra Brands: A major player in the packaged goods sector, Conagra operates multiple segments including Grocery & Snacks, and is recognized for its high-yield investment potential.

Maplebear, CAVA Group, BJ's Wholesale Club, Conagra Brands, United Natural Foods, Albertsons Companies, and Casey's General Stores are the seven Grocery stocks to watch today, according to MarketBeat's stock screener tool. Grocery stocks are shares of publicly traded companies whose primary business is selling food, beverages and everyday household items through supermarkets, grocery stores or related retail outlets. Because consumers buy groceries regardless of economic conditions, these stocks tend to exhibit relatively stable revenues and dividends, making them a defensive option for investors. Examples include major chains like Kroger, Tesco and Ahold Delhaize. These companies had the highest dollar trading volume of any Grocery stocks within the last several days.

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

CAVA Group (CAVA)

Read Our Latest Research Report on CAVA

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

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

United Natural Foods (UNFI)

United Natural Foods, Inc., together with its subsidiaries, distributes natural, organic, specialty, produce, and conventional grocery and non-food products in the United States and Canada. It operates in two segments, Wholesale and Retail. The company offers grocery and general merchandise, produce, perishables and frozen foods, wellness and personal care items, and bulk and foodservice products.

Read Our Latest Research Report on UNFI

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

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

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