According to
Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best food distribution stocks to buy right now are:
1. Hf Foods Group (NASDAQ:HFFG)
The Component Grade breakdown for Hf Foods Group (NASDAQ:HFFG) is: Value: B, Growth: C, Momentum: B, Sentiment: B, Safety: B, Financials: C, and AI: C.
Hf Foods Group (NASDAQ:HFFG) has a Due Diligence Score of 16, which is -20 points lower than the food distribution industry average of 36. Although this number is below the industry average, our proven quant model rates HFFG as a "A".
HFFG passed 5 out of 33 due diligence checks and has weak fundamentals. Hf Foods Group has seen its stock return 35.23% over the past year, overperforming other food distribution stocks by 35 percentage points.
2. Spartannash Co (NASDAQ:SPTN)
The Component Grade breakdown for Spartannash Co (NASDAQ:SPTN) is: Value: B, Growth: C, Momentum: C, Sentiment: B, Safety: A, Financials: C, and AI: C.
Spartannash Co (NASDAQ:SPTN) has a Due Diligence Score of 44, which is 8 points higher than the food distribution industry average of 36.
SPTN passed 15 out of 38 due diligence checks and has strong fundamentals. Spartannash Co has seen its stock return 2.12% over the past year, overperforming other food distribution stocks by 2 percentage points.
3. Calavo Growers (NASDAQ:CVGW)
The Component Grade breakdown for Calavo Growers (NASDAQ:CVGW) is: Value: C, Growth: A, Momentum: C, Sentiment: C, Safety: C, Financials: C, and AI: A.
Calavo Growers (NASDAQ:CVGW) has a Due Diligence Score of 47, which is 11 points higher than the food distribution industry average of 36.
CVGW passed 18 out of 38 due diligence checks and has strong fundamentals. Calavo Growers has seen its stock lose -5.09% over the past year, underperforming other food distribution stocks by -6 percentage points.
Calavo Growers has an average 1 year
price target of $35.00, an upside of 29.53% from Calavo Growers's current stock price of $27.02.
Calavo Growers stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Calavo Growers, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.