Top Grocery Stocks To Keep An Eye On - April 14th

Key Points

• MarketBeat's screener flags five grocery stocks to watch: Conagra Brands (CAG), Albertsons Companies (ACI), Casey's General Stores (CASY), CAVA Group (CAVA), and BJ's Wholesale Club (BJ), which had the highest dollar trading volume among grocery names recently.
• Conagra drew particular attention after its stock fell roughly 60%, leaving a yield near 9% and sparking discussion on whether it's a buying opportunity.
• Grocery stocks are seen as relatively defensive with steady demand but suffer from thin margins and heightened sensitivity to commodity prices, labor costs, and intense price competition.

Conagra Brands, Albertsons Companies, Casey's General Stores, CAVA Group, 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 whose primary business is selling food and everyday household items—this includes supermarket chains, food retailers, wholesalers, and related suppliers. Investors typically treat them as relatively defensive holdings with steady demand but low margins, making profits sensitive to commodity prices, labor costs, and intense price competition. 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

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

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

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.