Kroger (NYSE: KR) stock has trounced the market over the past year, putting it ahead of retailing peers like Walmart and Target. The store-brand segment grew 6.3% in the first quarter, and fresh-food sales were up 5.2%.
Kroger (KR) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
KR, PTR, and EGLE made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on June 24, 2022.