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: C, and AI: C.
Ingles Markets (NASDAQ:IMKTA) has a Due Diligence Score of 41, which is 7 points higher than the grocery store industry average of 34.
IMKTA passed 14 out of 38 due diligence checks and has strong fundamentals. Ingles Markets has seen its stock return 30.31% over the past year, overperforming other grocery store stocks by 64 percentage points.
2. 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 56, which is 22 points higher than the grocery store industry average of 34.
NGVC passed 21 out of 38 due diligence checks and has strong fundamentals. Natural Grocers By Vitamin Cottage has seen its stock lose -32.59% over the past year, overperforming other grocery store stocks by 1 percentage points.
3. Kroger Co (NYSE:KR)
Kroger Co (NYSE:KR) is the #3 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: B, 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 -7 points lower than the grocery store industry average of 34.
KR passed 9 out of 38 due diligence checks and has average fundamentals. Kroger Co has seen its stock lose -21.59% over the past year, overperforming other grocery store stocks by 12 percentage points.
Kroger Co has an average 1 year
price target of $69.20, an upside of 22.87% from Kroger Co's current stock price of $56.32.
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.