Promising Grocery Stocks To Watch Now – April 17th

Costco Wholesale, Berkshire Hathaway, and Uber Technologies are the three Grocery stocks to watch today, according to MarketBeat’s stock screener tool. Grocery stocks refer to shares of companies that operate in the retail grocery industry, including supermarkets, convenience stores, and wholesale distributors dealing primarily in food, beverages, and household items. These stocks are influenced by consumer spending habits, supply chain efficiency, and overall economic trends, making them a key indicator within the consumer staples sector. These companies had the highest dollar trading volume of any Grocery stocks within the last several days.

Costco Wholesale (COST)

Costco Wholesale Corporation, together with its subsidiaries, engages in the operation of membership warehouses in the United States, Puerto Rico, Canada, Mexico, Japan, the United Kingdom, Korea, Australia, Taiwan, China, Spain, France, Iceland, New Zealand, and Sweden. The company offers branded and private-label products in a range of merchandise categories.

Shares of Costco Wholesale stock traded up $29.42 on Thursday, reaching $997.17. The stock had a trading volume of 1,193,582 shares, compared to its average volume of 2,007,749. Costco Wholesale has a fifty-two week low of $702.00 and a fifty-two week high of $1,078.24. The stock has a market cap of $442.43 billion, a P/E ratio of 58.54, a price-to-earnings-growth ratio of 6.15 and a beta of 0.95. The business’s 50-day moving average price is $978.61 and its two-hundred day moving average price is $950.76. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.43 and a current ratio of 0.98.

Berkshire Hathaway (BRK.B)

Berkshire Hathaway Inc., through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide. The company provides property, casualty, life, accident, and health insurance and reinsurance; and operates railroad systems in North America. It also generates, transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydroelectric, nuclear, and geothermal sources; operates natural gas distribution and storage facilities, interstate pipelines, liquefied natural gas facilities, and compressor and meter stations; and holds interest in coal mining assets.

BRK.B stock traded up $7.26 on Thursday, reaching $523.71. 2,240,683 shares of the company were exchanged, compared to its average volume of 4,085,520. Berkshire Hathaway has a 12 month low of $395.66 and a 12 month high of $539.00. The stock’s fifty day moving average price is $506.53 and its 200 day moving average price is $477.28. The firm has a market capitalization of $1.13 trillion, a PE ratio of 10.58, a PEG ratio of 3.45 and a beta of 0.80.

Uber Technologies (UBER)

Uber Technologies, Inc. develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia excluding China and Southeast Asia. It operates through three segments: Mobility, Delivery, and Freight. The Mobility segment connects consumers with a range of transportation modalities, such as ridesharing, carsharing, micromobility, rentals, public transit, taxis, and other modalities; and offers riders in a variety of vehicle types, as well as financial partnerships products and advertising services.

Shares of NYSE:UBER traded up $2.60 on Thursday, hitting $75.66. 12,893,606 shares of the company were exchanged, compared to its average volume of 20,317,710. Uber Technologies has a one year low of $54.84 and a one year high of $87.00. The firm has a market capitalization of $158.27 billion, a price-to-earnings ratio of 16.60, a PEG ratio of 0.89 and a beta of 1.37. The company’s 50 day moving average price is $74.16 and its two-hundred day moving average price is $71.45. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.41 and a current ratio of 1.07.