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: C, Momentum: C, Sentiment: C, Safety: A, Financials: B, and AI: C.
Ingles Markets (NASDAQ:IMKTA) has a Due Diligence Score of 38, which is 2 points higher than the grocery store industry average of 36.
IMKTA passed 13 out of 38 due diligence checks and has average fundamentals. Ingles Markets has seen its stock return 35.07% over the past year, overperforming other grocery store stocks by 50 percentage points.
2. Kroger Co (NYSE:KR)
Kroger Co (NYSE:KR) is the #2 top grocery store stock out of 12 with a Zen Rating of C. Stocks with a rating of C have had an average return of +5.11% per year.
Learn more.
The Component Grade breakdown for Kroger Co (NYSE:KR) is: Value: B, Growth: C, Momentum: D, Sentiment: D, Safety: B, Financials: B, and AI: C.
Kroger Co (NYSE:KR) has a Due Diligence Score of 29, which is -7 points lower than the grocery store industry average of 36.
KR passed 10 out of 38 due diligence checks and has average fundamentals. Kroger Co has seen its stock lose -17.1% over the past year, underperforming other grocery store stocks by -2 percentage points.
Kroger Co has an average 1 year
price target of $70.00, an upside of 20.23% from Kroger Co's current stock price of $58.22.
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. Weis Markets (NYSE:WMK)
Weis Markets (NYSE:WMK) is the #3 top grocery store stock out of 12 with a Zen Rating of C. Stocks with a rating of C have had an average return of +5.11% per year.
Learn more.
The Component Grade breakdown for Weis Markets (NYSE:WMK) is: Value: C, Growth: C, Momentum: C, Sentiment: C, Safety: C, Financials: C, and AI: C.
Weis Markets (NYSE:WMK) has a Due Diligence Score of 46, which is 10 points higher than the grocery store industry average of 36.
WMK passed 16 out of 38 due diligence checks and has strong fundamentals. Weis Markets has seen its stock return 5.91% over the past year, overperforming other grocery store stocks by 21 percentage points.