Top Grocery Stocks To Follow Now – October 7th

Maplebear, Conagra Brands, and BJ’s Wholesale Club are the three Grocery stocks to watch today, according to MarketBeat’s stock screener tool. Grocery stocks are shares of publicly traded companies that operate supermarkets, grocery stores and food retail chains. Because consumers need to buy food and household staples regardless of economic conditions, these stocks are often viewed as “defensive” investments. As a result, grocery stocks tend to exhibit relatively stable revenues and dividends even during market downturns. 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.

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.