The Latest Breaking News from KR

Amid widespread macroeconomic headwinds, the global economic outlook seems uncertain. However, the Fed has finally started contemplating smaller rate hikes. Although uncertainties remain, we think fundamentally strong stocks Walmart (WMT), Centene Corporation (CNC), and Kroger (KR) are quality investments. Continue reading.

The high inflation and the Fed’s aggressive rate hikes have eroded consumer confidence. However, the retail industry is witnessing stable growth despite the macro headwinds. Therefore, fundamentally strong retail stocks, Kroger (KR), Albertsons Companies (ACI), and Casey’s General Stores (CASY), could be valuable additions to your portfolio now. Keep reading….

The Fed’s aggressive rate hikes to tame the stubborn inflation have led to widespread recession fears. The stock market has witnessed a significant selloff. Moreover, as the bear market seems not over yet, we think fundamentally strong dividend-paying stocks, Pfizer (PFE) and Kroger (KR), might help you beat the bear…

The Federal Reserve announced its fourth consecutive 75-bps rate hike yesterday. As the chances of the economy falling into a recession are tightening, fundamentally strong and resilient stocks Merck & Co (MRK), Biogen (BIIB), and Kroger (KR), which are rated Strong Buy in our proprietary rating system, could be safe…

Famed investor Warren Buffett’s Berkshire Hathaway (BRK.A, BRK.B) has outpaced the broader market over the past month. As uncertainties cloud the economic backdrop, we think the quality Warren Buffet stocks Coca-Cola (KO), McKesson Corp. (MCK), and Kroger (KR) might be solid buys to hold forever. Read on….

Leading food and drug retailer Albertsons (ACI) recently entered a merger agreement with Kroger (KR), which is expected to add substantial value to the company and its shareholders. The fundamental strength, promising growth prospects, solid dividend record, and the non-cyclical nature of its business make ACI a safe buy this…

Grocery retailer Kroger (KR) reported solid second-quarter financials and raised its full-year guidance. The company’s consistent performance amid the current macroeconomic headwinds reflects the non-cyclical nature of its sector and the company’s fundamental strength. Moreover, its steady earnings stream allows it to pay increasing dividends to stockholders. Hence, we think…

The Fed officials seem all set to approve a massive rate hike in its upcoming meeting, paving the way for the policy rate to climb above 5% by March next year. The rapid tightening of monetary policy will likely trigger a recession. Thus, investing in resilient stocks Visa (V), Centene…

Food and drug retailer Albertsons (ACI) reported stellar second-quarter earnings, and the company has guided solid growth in the upcoming quarters. Moreover, ACI’s merger agreement with Kroger (KR) is expected to see the merged entity control about 20% of the nation’s grocery market. Read on to know more….

With Americans cutting back on their shopping, big box retailers face overstocking issues. However, the upcoming holiday season might help them make a comeback. Therefore, investors could consider adding fundamentally strong big-box retail stocks Walmart (WMT), Kroger (KR), Casey's (CASY), and Ingles Markets (IMKTA) to their watchlists. Read on….

Grocery store operator Kroger (KR) has recently announced an almost $25 billion merger with food and drug store operator Albertsons (ACI), which could help KR become a behemoth generating more than $200 billion in annual revenue. The future growth prospects, fundamental strength, and the defensive nature of its business make…