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 grocery store stocks to buy right now are:
1. Ingles Markets (NASDAQ:IMKTA)
The Component Grade breakdown for Ingles Markets (NASDAQ:IMKTA) is: Value: B, Growth: C, Momentum: C, Sentiment: C, Safety: A, Financials: B, and AI: B.
Ingles Markets (NASDAQ:IMKTA) has a Due Diligence Score of 38, which is 5 points higher than the grocery store industry average of 33.
IMKTA passed 13 out of 38 due diligence checks and has average fundamentals. Ingles Markets has seen its stock return 36.87% over the past year, overperforming other grocery store stocks by 66 percentage points.
2. Kroger Co (NYSE:KR)
Kroger Co (NYSE:KR) is the #2 top grocery store stock out of 13 with a Zen Rating of C. Stocks with a rating of C have had an average return of +5.11% per year.
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The Component Grade breakdown for Kroger Co (NYSE:KR) is: Value: C, Growth: C, Momentum: D, Sentiment: C, Safety: B, Financials: B, and AI: C.
Kroger Co (NYSE:KR) has a Due Diligence Score of 27, which is -6 points lower than the grocery store industry average of 33.
KR passed 9 out of 38 due diligence checks and has average fundamentals. Kroger Co has seen its stock lose -22.26% over the past year, overperforming other grocery store stocks by 6 percentage points.
Kroger Co has an average 1 year
price target of $69.50, an upside of 21.25% from Kroger Co's current stock price of $57.32.
Kroger Co stock has a consensus Buy recommendation according to Wall Street analysts. Of the 10 analysts covering Kroger Co, 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.
3. Natural Grocers By Vitamin Cottage (NYSE:NGVC)
The Component Grade breakdown for Natural Grocers By Vitamin Cottage (NYSE:NGVC) is: Value: C, Growth: C, Momentum: C, Sentiment: B, Safety: C, Financials: C, and AI: C.
Natural Grocers By Vitamin Cottage (NYSE:NGVC) has a Due Diligence Score of 50, which is 17 points higher than the grocery store industry average of 33.
NGVC passed 19 out of 38 due diligence checks and has strong fundamentals. Natural Grocers By Vitamin Cottage has seen its stock lose -15.86% over the past year, overperforming other grocery store stocks by 13 percentage points.
Natural Grocers By Vitamin Cottage has an average 1 year
price target of $36.00, an upside of 10.91% from Natural Grocers By Vitamin Cottage's current stock price of $32.46.
Natural Grocers By Vitamin Cottage stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Natural Grocers By Vitamin Cottage, 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.