Kroger – Is a Buy Sell or Hold?
When it comes to Kroger, most investors would likely classify it as a buy. Kroger has been consistently increasing its stock price over the past year, and has a history of increasing its dividend payouts.
The company also has a solid balance sheet with $77 billion in total assets.
However, Kroger’s stock price is slightly lower than its 52-week high, so some investors may consider it a sell. Kroger does have a few concerns, such as its online sales growth slowing down, and its grocery delivery subsidiary, Instacart, losing money.
However, Kroger is still a strong company with a long history of growth.