Top Grocery Stocks Worth Watching – August 22nd

BJ’s Wholesale Club, Casey’s General Stores, Conagra Brands, Maplebear, and CAVA Group are the five Grocery stocks to watch today, according to MarketBeat’s stock screener tool. Grocery stocks are shares of publicly traded companies involved in selling groceries and everyday food and household products, such as supermarket chains, food distributors, and online grocery retailers. Investors often view them as relatively defensive investments because demand for essential goods tends to remain steady, though profits can be affected by competition, inflation, labor costs, and changing consumer habits. These companies had the highest dollar trading volume of any Grocery stocks within the last several days.

BJ’s Wholesale Club (BJ)

BJ’s Wholesale Club Holdings, Inc. engages in the operation of membership warehouse clubs. Its product categories include grocery, household and pet, television and electronics, furniture, computer and tablets, patio and outdoor living, lawn and garden, baby and kids, toys, home, health and beauty, appliances, and jewelry.

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.

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.

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.

CAVA Group (CAVA)