Back to top

Tale of the Tape

Are you a technical investor? If so, it may be time to consider The Kroger Co. (KR - Analyst Report) for your portfolio. The company just saw its 50 Day Moving Average breakout above its 200 Day Simple moving average, a trend that could indicate some bullishness in the future for KR.

This trend may have already begun, as shares of KR have moved by higher by 18.4% in just the past month. Plus, KR has earned itself a Zacks Rank #2 (Buy), so there is plenty of reason to believe that the run for Kroger has plenty of life left.

Please login to Zacks.com or register to post a comment.