Grocery Stocks To Keep An Eye On – May 17th

Casey’s General Stores, Maplebear, and Conagra Brands are the three Grocery stocks to watch today, according to MarketBeat’s stock screener tool. “Grocery stocks” are shares of companies involved in the grocery retail industry, such as supermarket chains, food distributors, and companies that sell everyday household and food essentials. For stock market investors, they are often seen as relatively defensive investments because demand for groceries tends to remain steady even during economic downturns. These companies had the highest dollar trading volume of any Grocery stocks within the last several days.

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.

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.

Conagra Brands (CAG)

Conagra Brands, Inc., together with its subsidiaries, operates as a consumer packaged goods food company primarily in the United States. The company operates through Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice segments. The Grocery & Snacks segment primarily offers shelf stable food products through various retail channels.