According to Zen Score, the 3 best grocery store stocks to buy right now are:
1. INGLES MARKETS (NASDAQ:IMKTA)
INGLES MARKETS (NASDAQ:IMKTA) is the top grocery store stock with a Zen Score of 49, which is 14 points higher than the grocery store industry average of 35. It passed 19 out of 38 due diligence checks and has strong fundamentals. INGLES MARKETS has seen its stock return 40.13% over the past year, overperforming other grocery store stocks by 27 percentage points.
INGLES MARKETS stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering INGLES MARKETS, 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. ALBERTSONS COMPANIES (NYSE:ACI)
ALBERTSONS COMPANIES (NYSE:ACI) is the second best grocery store stock with a Zen Score of 47, which is 12 points higher than the grocery store industry average of 35. It passed 18 out of 38 due diligence checks and has strong fundamentals. ALBERTSONS COMPANIES has seen its stock return 54% over the past year, overperforming other grocery store stocks by 41 percentage points.
ALBERTSONS COMPANIES has an average 1 year
price target of $33.44, an upside of 14.18% from ALBERTSONS COMPANIES's current stock price of $29.29.
ALBERTSONS COMPANIES stock has a consensus Hold recommendation according to Wall Street analysts. Of the 11 analysts covering ALBERTSONS COMPANIES, 9.09% have issued a Strong Buy rating, 27.27% have issued a Buy, 45.45% have issued a hold, while 9.09% have issued a Sell rating, and 9.09% have issued a Strong Sell.
3. CASEYS GENERAL STORES (NASDAQ:CASY)
CASEYS GENERAL STORES (NASDAQ:CASY) is the third best grocery store stock with a Zen Score of 45, which is 10 points higher than the grocery store industry average of 35. It passed 17 out of 38 due diligence checks and has strong fundamentals. CASEYS GENERAL STORES has seen its stock lose -8.86% over the past year, underperforming other grocery store stocks by -22 percentage points.
CASEYS GENERAL STORES has an average 1 year
price target of $237.43, an upside of 17.95% from CASEYS GENERAL STORES's current stock price of $201.30.
CASEYS GENERAL STORES stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 7 analysts covering CASEYS GENERAL STORES, 57.14% have issued a Strong Buy rating, 14.29% have issued a Buy, 28.57% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.