Top Grocery Stocks To Follow Now – February 8th

CAVA Group, Casey’s General Stores, 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 chains, food wholesalers, and related retail or supply businesses that sell everyday food and household items. Investors view them as relatively defensive holdings that typically provide stable cash flow and dividends because demand for food is inelastic, though margins and returns can be affected by commodity price swings, competition, and supply-chain pressures. These companies had the highest dollar trading volume of any Grocery stocks within the last several days.

CAVA Group (CAVA)

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.

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.