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 53, which is 17 points higher than the grocery store industry average of 36. It passed 20 out of 38 due diligence checks and has strong fundamentals. Ingles Markets has seen its stock return 23.32% over the past year, overperforming other grocery store stocks by 24 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. Kroger Co (NYSE:KR)
Kroger Co (NYSE:KR) is the second best grocery store stock with a Zen Score of 50, which is 14 points higher than the grocery store industry average of 36. It passed 19 out of 38 due diligence checks and has strong fundamentals. Kroger Co has seen its stock return 0.18% over the past year, overperforming other grocery store stocks by 1 percentage points.
Kroger Co has an average 1 year
price target of $53.57, an upside of 20.49% from Kroger Co's current stock price of $44.46.
Kroger Co stock has a consensus Hold recommendation according to Wall Street analysts. Of the 15 analysts covering Kroger Co, 13.33% have issued a Strong Buy rating, 26.67% have issued a Buy, 46.67% have issued a hold, while 0% have issued a Sell rating, and 13.33% 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 48, which is 12 points higher than the grocery store industry average of 36. It passed 18 out of 38 due diligence checks and has strong fundamentals. Caseys General Stores has seen its stock return 25.65% over the past year, overperforming other grocery store stocks by 26 percentage points.
Caseys General Stores has an average 1 year
price target of $267.33, an upside of 15.91% from Caseys General Stores's current stock price of $230.64.
Caseys General Stores stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Caseys General Stores, 66.67% have issued a Strong Buy rating, 33.33% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.