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: C, Growth: B, Momentum: C, Sentiment: C, Safety: B, Financials: C, and AI: B.
Ingles Markets (NASDAQ:IMKTA) has a Due Diligence Score of 39, which is -2 points lower than the grocery store industry average of 41. Although this number is below the industry average, our proven quant model rates IMKTA as a "B".
IMKTA passed 13 out of 38 due diligence checks and has average fundamentals. Ingles Markets has seen its stock return 0.1% over the past year, overperforming other grocery store stocks by 22 percentage points.
2. Kroger Co (NYSE:KR)
Kroger Co (NYSE:KR) is the #2 top grocery store stock out of 11 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 Kroger Co (NYSE:KR) is: Value: B, Growth: B, Momentum: C, Sentiment: C, Safety: B, Financials: C, and AI: B.
Kroger Co (NYSE:KR) has a Due Diligence Score of 25, which is -16 points lower than the grocery store industry average of 41. Although this number is below the industry average, our proven quant model rates KR as a "B".
KR passed 9 out of 38 due diligence checks and has weak fundamentals. Kroger Co has seen its stock lose -0.17% over the past year, overperforming other grocery store stocks by 22 percentage points.
Kroger Co has an average 1 year
price target of $72.80, an upside of 15.21% from Kroger Co's current stock price of $63.19.
Kroger Co stock has a consensus Buy recommendation according to Wall Street analysts. Of the 10 analysts covering Kroger Co, 30% have issued a Strong Buy rating, 20% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Village Super Market (NASDAQ:VLGEA)
The Component Grade breakdown for Village Super Market (NASDAQ:VLGEA) is: Value: B, Growth: C, Momentum: C, Sentiment: C, Safety: D, Financials: B, and AI: C.
Village Super Market (NASDAQ:VLGEA) has a Due Diligence Score of 54, which is 13 points higher than the grocery store industry average of 41.
VLGEA passed 19 out of 38 due diligence checks and has strong fundamentals. Village Super Market has seen its stock return 15.48% over the past year, overperforming other grocery store stocks by 37 percentage points.