We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
The new stay home economy has brought tough times for several industries. At the same time, it has created opportunity for profits. All those dollars folks used to spend on going out to restaurants and going on trips has transitioned. By paying attention to stocks which have seen earnings estimates rise in the wake of this shift, investors can be better positioned to make money over the long term. Choosing stocks in the good graces of the Zacks Rank uncovers these stocks.
One such stock is today’s Bull of the Day, The Kroger Co (KR - Free Report) . The Kroger Co. operates as a retailer in the United States. The company operates supermarkets, multi-department stores, marketplace stores, and price impact warehouse stores. Its combination food and drug stores offer natural food and organic sections, pharmacies, general merchandise, pet centers, fresh seafood, and organic produce; and multi-department stores provide apparel, home fashion and furnishings, outdoor living, electronics, automotive products, and toys.
The Retail – Supermarkets industry is in the Top 11% of our Zacks Industry Rank. Kroger itself is a Zacks Rank #1 (Strong Buy). In addition to that favorable ranks, KR enjoys a Zacks Value Style Score of A, Growth of C, and Momentum of B to help it round out with a VGM Composite Score of A.
The reason for the favorable Zacks Rank stems from a barrage of positive earnings estimates coming from analysts. Over the last thirty days, nine analysts have increased their estimates for the current year and next year. The bullish sentiment has increased the Zacks Consensus Estimate for the current year from $2.84 to $3.28, while next year’s number went from $2.57 to $2.69. The $3.28 number for this year represents year-over-year EPS growth of 49.09%. That’s on revenue growth of 8.24%.
Just Released: Zacks’ 7 Best Stocks for Today
Experts extracted 7 stocks from the list of 220 Zacks Rank #1 Strong Buys that has beaten the market more than 2X over with a stunning average gain of +24.3% per year.
These 7 were selected because of their superior potential for immediate breakout.
Image: Bigstock
Bull of the Day: Kroger (KR)
The new stay home economy has brought tough times for several industries. At the same time, it has created opportunity for profits. All those dollars folks used to spend on going out to restaurants and going on trips has transitioned. By paying attention to stocks which have seen earnings estimates rise in the wake of this shift, investors can be better positioned to make money over the long term. Choosing stocks in the good graces of the Zacks Rank uncovers these stocks.
One such stock is today’s Bull of the Day, The Kroger Co (KR - Free Report) . The Kroger Co. operates as a retailer in the United States. The company operates supermarkets, multi-department stores, marketplace stores, and price impact warehouse stores. Its combination food and drug stores offer natural food and organic sections, pharmacies, general merchandise, pet centers, fresh seafood, and organic produce; and multi-department stores provide apparel, home fashion and furnishings, outdoor living, electronics, automotive products, and toys.
The Retail – Supermarkets industry is in the Top 11% of our Zacks Industry Rank. Kroger itself is a Zacks Rank #1 (Strong Buy). In addition to that favorable ranks, KR enjoys a Zacks Value Style Score of A, Growth of C, and Momentum of B to help it round out with a VGM Composite Score of A.
The Kroger Co. Price and Consensus
The Kroger Co. price-consensus-chart | The Kroger Co. Quote
The reason for the favorable Zacks Rank stems from a barrage of positive earnings estimates coming from analysts. Over the last thirty days, nine analysts have increased their estimates for the current year and next year. The bullish sentiment has increased the Zacks Consensus Estimate for the current year from $2.84 to $3.28, while next year’s number went from $2.57 to $2.69. The $3.28 number for this year represents year-over-year EPS growth of 49.09%. That’s on revenue growth of 8.24%.
Just Released: Zacks’ 7 Best Stocks for Today
Experts extracted 7 stocks from the list of 220 Zacks Rank #1 Strong Buys that has beaten the market more than 2X over with a stunning average gain of +24.3% per year.
These 7 were selected because of their superior potential for immediate breakout.
See these time-sensitive tickers now >>