What is a supermarket stock?

They are not just supermarket stocks. They can range from supermarket stock to publicly traded grocery stores and warehouse membership clubs to producers of dairy, produce, meats and plant-based proteins, beverages, snacks, packaged and frozen foods and household items.

What's going on with grocery stocks?

Meanwhile, competition among grocery stocks is heating up. E-commerce giant Amazon.com (AMZN) made a huge entry into grocery with its ~$14 billion acquisition of Whole Foods and is in the process of rolling out its cashier-less technology.

Are grocery stocks a good investment right now?

Since 1992, U.S. grocery store sales have more than doubled, and total 2022 grocery store sales clocked in at $848.4 billion, according to Statista. That's a record high for the industry. If you're a value-minded investor and are looking for an opportunity to get into a profitable industry on the cheap right now, grocery stocks could be for you.