Grocery Stocks Worth Watching – February 03rd

Costco Wholesale, Walmart, and Berkshire Hathaway are the three Grocery stocks to watch today, according to MarketBeat’s stock screener tool. Grocery stocks are shares of companies that operate in the grocery retail industry. These companies typically own and operate grocery stores, supermarkets, and distribution centers, and may also produce or distribute food and household products. Investing in grocery stocks allows individuals to potentially profit from the performance and growth of the grocery 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 COST traded up $26.14 during mid-day trading on Monday, reaching $1,006.02. The company had a trading volume of 1,475,337 shares, compared to its average volume of 1,896,509. The company has a quick ratio of 0.43, a current ratio of 0.98 and a debt-to-equity ratio of 0.23. The stock has a market capitalization of $446.57 billion, a P/E ratio of 59.07, a PEG ratio of 5.84 and a beta of 0.84. The stock has a 50 day moving average of $954.51 and a two-hundred day moving average of $908.28. Costco Wholesale has a 52-week low of $697.27 and a 52-week high of $1,008.25.

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.

NYSE WMT traded up $1.19 during mid-day trading on Monday, reaching $99.35. 10,932,434 shares of the stock were exchanged, compared to its average volume of 14,856,623. Walmart has a 1 year low of $55.85 and a 1 year high of $99.79. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.23 and a current ratio of 0.85. The company has a market capitalization of $798.10 billion, a P/E ratio of 40.76, a P/E/G ratio of 4.49 and a beta of 0.55. The business’s 50 day moving average is $93.07 and its 200-day moving average is $83.27.

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 stock traded down $4.51 during trading hours on Monday, hitting $464.16. 2,326,326 shares of the company’s stock were exchanged, compared to its average volume of 4,037,161. The firm has a market cap of $1.00 trillion, a P/E ratio of 9.38, a P/E/G ratio of 3.36 and a beta of 0.88. Berkshire Hathaway has a fifty-two week low of $389.29 and a fifty-two week high of $491.67. The firm has a 50 day moving average of $461.75 and a two-hundred day moving average of $456.36.