Bargain Hunters Might Consider Buying More of This Stock Before It's Too Late
Choosy investors should want it all: growth, value, capital discipline, and a commitment to rewarding loyal shareholders. This might sound like too much to ask, but Kroger (NYSE: KR) delivers not only fresh produce but also data points that make the stock a must-own.
Even with all that, Kroger stock is currently trading far below its 52-week high. This window of opportunity could close in the near future, so enterprising investors can add some Kroger shares to their holdings before the market comes to its senses.
In reporting the company's results for 2022's first quarter (which ended May 21), Kroger cited the same challenges that market watchers have undoubtedly heard many times this year: supply chain issues and inflation driven by elevated fuel costs. Even as Kroger broaches the usual suspects, though, there's never a sense that the company is using them as excuses for subpar performance.
Source Fool.com
