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. Andersons (NASDAQ:ANDE)
Andersons (NASDAQ:ANDE) is the #1 top food distribution stock out of 12 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year.
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The Component Grade breakdown for Andersons (NASDAQ:ANDE) is: Value: C, Growth: B, Momentum: B, Sentiment: A, Safety: C, Financials: C, and AI: C.
Andersons (NASDAQ:ANDE) has a Due Diligence Score of 50, which is 13 points higher than the food distribution industry average of 37.
ANDE passed 17 out of 38 due diligence checks and has strong fundamentals. Andersons has seen its stock return 98.24% over the past year, overperforming other food distribution stocks by 87 percentage points.
Andersons has an average 1 year
price target of $82.50, an upside of 16.44% from Andersons's current stock price of $70.85.
Andersons stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Andersons, 50% have issued a Strong Buy rating, 50% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Chefs' Warehouse (NASDAQ:CHEF)
The Component Grade breakdown for Chefs' Warehouse (NASDAQ:CHEF) is: Value: D, Growth: C, Momentum: C, Sentiment: B, Safety: B, Financials: C, and AI: C.
Chefs' Warehouse (NASDAQ:CHEF) has a Due Diligence Score of 33, which is -4 points lower than the food distribution industry average of 37. Although this number is below the industry average, our proven quant model rates CHEF as a "B".
CHEF passed 12 out of 33 due diligence checks and has average fundamentals. Chefs' Warehouse has seen its stock return 23.07% over the past year, overperforming other food distribution stocks by 12 percentage points.
Chefs' Warehouse has an average 1 year
price target of $84.00, an upside of 5.33% from Chefs' Warehouse's current stock price of $79.75.
Chefs' Warehouse stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Chefs' Warehouse, 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.
3. United Natural Foods (NYSE:UNFI)
The Component Grade breakdown for United Natural Foods (NYSE:UNFI) is: Value: C, Growth: C, Momentum: C, Sentiment: C, Safety: D, Financials: C, and AI: C.
United Natural Foods (NYSE:UNFI) has a Due Diligence Score of 14, which is -23 points lower than the food distribution industry average of 37.
UNFI passed 4 out of 33 due diligence checks and has weak fundamentals. United Natural Foods has seen its stock return 67.23% over the past year, overperforming other food distribution stocks by 56 percentage points.
United Natural Foods has an average 1 year
price target of $46.60, a downside of -8.21% from United Natural Foods's current stock price of $50.77.
United Natural Foods stock has a consensus Buy recommendation according to Wall Street analysts. Of the 5 analysts covering United Natural Foods, 20% have issued a Strong Buy rating, 20% have issued a Buy, 60% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.