3 Grocery Stocks to Fill Your Cart With Steady Gains

Today, we spotlight three grocery stocks to buy. These Wall Street shares benefit from their defensive nature, providing stability during market volatility. Over time, sales of groceries have consistently grown, even as other household expenditures have declined in terms of economic uncertainty. From 2019 to 2023, the food and grocery retail market saw a 5.3% compound annual growth rate (CAGR). Changing consumer preferences, population growth and new shopping habits have all contributed to this increase. Me ...