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4 Buy-Rated Grocery Store Stocks That Will Benefit from the Holiday Season

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Although supply chain constraints and rising costs continue to worry grocery retailers, the rise in online grocery sales and pickup/delivery services, increasing consumer spending, and increasing foot traffic to the stores should help grocery retailers offset the consequences of inflation and benefit substantially this holiday season. The National Retail Federation (NRF) forecasts retail sales to rise between 8.5% -10.5% during November and December.

Therefore, we think fundamentally sound grocery retailers The Kroger Company (NYSE:KR), Albertsons Companies, Inc. (ACI), Casey’s General Stores, Inc. (CASY), and Sprouts Farmers Market, Inc. (SFM) could be solid bets now.

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