Best Grocery Stocks To Consider – November 8th

Maplebear, CAVA Group, Conagra Brands, BJ’s Wholesale Club, and Albertsons Companies are the five Grocery stocks to watch today, according to MarketBeat’s stock screener tool. Grocery stocks are publicly traded companies whose primary business is selling food and everyday household items — typically supermarket chains, grocery wholesalers and some convenience-store operators. Investors treat them as relatively defensive, high-turnover/low-margin businesses that can provide steady cash flows and dividends but remain sensitive to commodity costs, price competition and shifts in consumer spending. 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.

CAVA Group (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.

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.

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.