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. Calavo Growers (NASDAQ:CVGW)
The Component Grade breakdown for Calavo Growers (NASDAQ:CVGW) is: Value: C, Growth: A, Momentum: C, Sentiment: B, Safety: C, Financials: C, and AI: B.
Calavo Growers (NASDAQ:CVGW) has a Due Diligence Score of 43, which is 9 points higher than the food distribution industry average of 34.
CVGW passed 17 out of 38 due diligence checks and has strong fundamentals. Calavo Growers has seen its stock lose -15.76% over the past year, underperforming other food distribution stocks by -7 percentage points.
Calavo Growers has an average 1 year
price target of $35.00, an upside of 45.47% from Calavo Growers's current stock price of $24.06.
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.
2. Spartannash Co (NASDAQ:SPTN)
The Component Grade breakdown for Spartannash Co (NASDAQ:SPTN) is: Value: B, Growth: C, Momentum: C, Sentiment: C, Safety: A, Financials: C, and AI: B.
Spartannash Co (NASDAQ:SPTN) has a Due Diligence Score of 32, which is -2 points lower than the food distribution industry average of 34. Although this number is below the industry average, our proven quant model rates SPTN as a "B".
SPTN passed 11 out of 38 due diligence checks and has average fundamentals. Spartannash Co has seen its stock lose -3.25% over the past year, overperforming other food distribution stocks by 6 percentage points.
3. Chefs' Warehouse (NASDAQ:CHEF)
The Component Grade breakdown for Chefs' Warehouse (NASDAQ:CHEF) is: Value: C, Growth: B, Momentum: C, Sentiment: C, Safety: C, Financials: C, and AI: C.
Chefs' Warehouse (NASDAQ:CHEF) has a Due Diligence Score of 35, which is 1 points higher than the food distribution industry average of 34.
CHEF passed 12 out of 33 due diligence checks and has average fundamentals. Chefs' Warehouse has seen its stock return 41.07% over the past year, overperforming other food distribution stocks by 50 percentage points.
Chefs' Warehouse has an average 1 year
price target of $66.00, an upside of 25.67% from Chefs' Warehouse's current stock price of $52.52.
Chefs' Warehouse stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Chefs' Warehouse, 83.33% have issued a Strong Buy rating, 16.67% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.