The Kroger Co. (KR) has been generating immense buzz in the market. Jim Cramer has praised Kroger's bullish trend and it has shown to surpass market returns consistently. JP Morgan recently raised its stock target price. Kroger is further making headway in the grocery market with exclusive product lines like the
Private Selection Cherry Collection. An industry veteran taking the Senior VP Role is reshaping its future retail strategy. Major initiatives such as expanding plant-based offerings with the launch of Beyond Chicken at 1,900 stores, and a rollout with TiNDLE Foods, are setting the pace for its
growth strategy. Kroger is now considered among the
best dividend stocks with sustainable payout ratios, performing well even in recession periods. High-profile investors, billionaires, and
Warren Buffet are endorsing the company's growth. Despite minor falls in the stock market, the company's stock remains strong. The long-term momentum and defensive stance are commendable. The latest earnings call showed strong
digital growth and strategic plans. This is supplemented by the company's ambitious digital push through a new eCommerce division. There had been a leadership shakeup with
CEO McMullen resigning, yet the financial performance remains strong.
The Kroger KR News Analytics from Mon, 23 Sep 2024 07:00:00 GMT to Thu, 01 May 2025 21:41:43 GMT -
Rating 8
- Innovation 7
- Information -1
- Rumor 6
