Top Grocery Stocks To Consider - October 24th

Key Points

• MarketBeat highlighted seven grocery stocks to watch, including BJ's Wholesale Club, Maplebear, and Conagra Brands, which have shown the highest trading volumes recently.
• Grocery stocks are considered defensive holdings due to their steady sales from essential purchases, but they face challenges from rising commodity costs and intense competition.
• BJ's Wholesale Club and other companies like Albertsons and Casey's General Stores operate in diverse sectors including membership warehousing and convenience store management, providing various grocery and non-grocery products.

BJ's Wholesale Club, Maplebear, CAVA Group, Conagra Brands, Albertsons Companies, Casey's General Stores, and Brixmor Property Group are the seven 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 related retail businesses, giving investors exposure to the consumer staples/food retail sector. Investors often treat them as defensive holdings because they tend to generate steady sales and cash flow from essential purchases, though margins and returns can be pressured by commodity costs, intense competition, and shifts in shopping habits. These companies had the highest dollar trading volume of any Grocery stocks within the last several days.

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

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

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

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

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