Promising Grocery Stocks To Watch Today – April 29th

Costco Wholesale, Berkshire Hathaway, Uber Technologies, Walmart, and PepsiCo are the five Grocery stocks to watch today, according to MarketBeat’s stock screener tool. Grocery stocks are shares of publicly traded companies whose primary business is selling food, beverages and household essentials through supermarkets, grocery stores and related retail outlets. As part of the consumer staples sector, they’re often viewed as defensive investments because demand for everyday 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.

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.

Costco Wholesale stock traded up $12.01 during midday trading on Tuesday, reaching $990.55. 888,026 shares of the stock traded hands, compared to its average volume of 2,028,476. The firm has a market cap of $439.49 billion, a price-to-earnings ratio of 58.23, a PEG ratio of 6.15 and a beta of 0.95. The company has a current ratio of 0.98, a quick ratio of 0.43 and a debt-to-equity ratio of 0.23. Costco Wholesale has a fifty-two week low of $715.32 and a fifty-two week high of $1,078.24. The firm has a fifty day moving average price of $964.78 and a two-hundred day moving average price of $956.90.

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.

Shares of BRK.B traded up $2.99 during midday trading on Tuesday, hitting $533.93. The stock had a trading volume of 1,448,057 shares, compared to its average volume of 4,126,055. Berkshire Hathaway has a fifty-two week low of $396.35 and a fifty-two week high of $539.00. The firm has a market cap of $1.15 trillion, a P/E ratio of 10.80, a price-to-earnings-growth ratio of 3.45 and a beta of 0.80. The business has a 50-day simple moving average of $513.84 and a two-hundred day simple moving average of $481.15.

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 $0.74 during mid-day trading on Tuesday, reaching $79.07. 6,351,392 shares of the company traded hands, compared to its average volume of 20,254,603. The stock has a market cap of $165.39 billion, a PE ratio of 17.36, a price-to-earnings-growth ratio of 0.89 and a beta of 1.37. The company’s fifty day moving average is $73.55 and its two-hundred day moving average is $71.35. Uber Technologies has a fifty-two week low of $54.84 and a fifty-two week high of $87.00. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.41 and a current ratio of 1.07.

Walmart (WMT)

Walmart Inc. engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.

Shares of WMT stock traded up $0.47 during trading hours on Tuesday, hitting $95.69. The company had a trading volume of 5,119,436 shares, compared to its average volume of 17,761,477. The firm has a market capitalization of $765.60 billion, a price-to-earnings ratio of 39.72, a PEG ratio of 4.42 and a beta of 0.69. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.23 and a current ratio of 0.82. The firm’s fifty day moving average is $90.40 and its 200 day moving average is $91.02. Walmart has a 12 month low of $58.58 and a 12 month high of $105.30.

PepsiCo (PEP)

PepsiCo, Inc. engages in the manufacture, marketing, distribution, and sale of various beverages and convenient foods worldwide. The company operates through seven segments: Frito-Lay North America; Quaker Foods North America; PepsiCo Beverages North America; Latin America; Europe; Africa, Middle East and South Asia; and Asia Pacific, Australia and New Zealand and China Region.

Shares of NASDAQ PEP traded up $0.34 during mid-day trading on Tuesday, hitting $134.10. The company’s stock had a trading volume of 3,582,133 shares, compared to its average volume of 6,152,317. PepsiCo has a one year low of $131.61 and a one year high of $183.41. The company has a debt-to-equity ratio of 2.05, a current ratio of 0.82 and a quick ratio of 0.65. The stock has a market cap of $183.89 billion, a price-to-earnings ratio of 19.31, a price-to-earnings-growth ratio of 3.09 and a beta of 0.49. The company’s fifty day simple moving average is $147.46 and its 200-day simple moving average is $153.37.