This Underfollowed Grocery Stock Should Continue to Crush the Market
Very few stocks have escaped the carnage in the market over the past year. The S&P 500 is down roughly 16%, the Nasdaq 100 Index is down 30%, and many individual stocks that used to be high-flyers are down 80% over the past 12 months. But not grocery stocks. Due to high inflation on food prices and the durable nature of the industry, stocks like Kroger are actually up while the rest of the market is down.
But Kroger isn't the top-performing grocery stock of the past year. Enter Sprouts Farmers Market (NASDAQ: SFM), a small grocery chain that is crushing the stock market right now. With that said, here's a closer look at why this stock should be on your radar.
Source Fool.com