Promising Grocery Stocks To Keep An Eye On – January 9th

by · The Markets Daily

Maplebear, CAVA Group, and Casey’s General Stores are the three Grocery stocks to watch today, according to MarketBeat’s stock screener tool. Grocery stocks are shares of publicly traded companies that operate grocery stores, supermarkets, wholesalers, food distributors, and other businesses selling everyday food and household items. Investors treat them as consumer-staples or defensive equities that typically generate steady revenue and lower volatility, but remain sensitive to factors like food inflation, competition, and supply-chain costs. These companies had the highest dollar trading volume of any Grocery stocks within the last several days.

Maplebear (CART)

Maplebear Inc., doing business as Instacart, engages in the provision of online grocery shopping services to households in North America. It sells and delivers grocery products, as well as pickup services through a mobile application and website. It also operates virtual convenience stores; and provides software-as-a-service solutions to retailers.

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CAVA Group (CAVA)

Read Our Latest Research Report on CAVA

Casey’s General Stores (CASY)

Casey’s General Stores, Inc. engages in the provision of management and operation of convenience stores and gasoline stations. It provides self-service gasoline, a wide selection of grocery items, and an array of freshly prepared food items. The firm offers food, beverages, tobacco products, health and beauty aids, automotive products, and other non-food items.

Read Our Latest Research Report on CASY

Further Reading