3 Grocery Stocks to Buy During a Recession

Recession worries are rising, but amidst these growing concerns... three "must buy" grocery stocks are starting to stand out.

BY Stock Navigators.June 24, 2022
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It’s anyone’s guess whether the markets are going to move from bear territory into a full-blown recession…

Economists are split, with some headlines claiming a recession isn’t in the cards, while others are ringing the alarm.

But either way, there are still opportunities to make money in the markets.

Grocery stores will continue to bring in customers as the economy contracts and prices rise thanks to spiking inflation. After all, people still need food, household goods, and other staples

Here are 3 stocks that could benefit…

The Kroger Co. (KR)

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Founded in 1883, The Kroger Co. (KR) has been in business for 139 years.

It ranks #17 on the Fortune 500 rankings of the largest US corporations in total revenue, and is the 3rd largest general retailer on the planet.

KR makes a whopping $137 billion in annual revenue.

During the 2007-2008 financial crisis, this company went on a buying spree.

They acquired Scott’s Food & Pharmacy, as well as 20 different locations from their competitors.
Not to mention, while other stocks were falling, KR rose 10% from 2007 to 2008.

If history repeats itself, KR will be a good stock to own.

Ever since April, shares have been down 21.7%, meaning right now could be a good time to add KR to your portfolio.

Costco Wholesale Corp. (COST) 

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The second company on the list is Costco Wholesale Corp. (COST).

Although it’s the youngest company on the list, founded in 1983, Costco is #10 on the Fortune 500 ranking of the largest US corporations by total revenue.

It’s also the 5th largest retailer in the world…

The world’s largest retailer of choice and prime beef…

The world’s largest retailer of organic foods…

The world’s largest retailer of rotisserie chicken…

And the world’s largest retailer of wine.

That’s a whole lotta world’s largest for one company.

Not to mention, Costco is known for its high-quality products and discount prices - and is committed to keeping prices as low as possible during inflation.

Its famous hot dog combo - served at every store - is a great example.

Despite rising inflation rates, in 1985 Costco president Craig Jelinek refused to raise the price, saying, “If you raise the effing hot dog, I will kill you. Figure it out.”

To this day, a hot dog + soda combo at Costco is just $1.50. And the company has confirmed it will stay that way in 2022.

COST has lost as much as 38% of its value in 2022, meaning this multi-industry powerhouse is currently trading at a big discount.

Walmart Inc. (WMT) 

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Last but not least is Walmart Inc. (WMT).

Founded in 1945, today Walmart boasts a gigantic $571 billion in annual revenue.

It is the world’s largest company by revenue, as well as the world’s largest private employer - with 2.2 million employees.

Since April, the stock has dropped 22%.

It’s currently trading at levels we haven’t seen in two years.

Considering that WMT is the largest corporation on Earth, it may be highly profitable to buy shares at these two-year-low prices.

There you have it, the top three grocery stocks to buy during a recession.

All three are respected industry titans who have prospered throughout every single recession in the past three decades.

Ready to Add KR, COST, and WMT to Your Portfolio? Wait Until They Hit The Buy Zone

If you want to know the perfect time to jump into these three grocery titans, you need the blue box on your chart…

Because Money Zones are the best way to get in BEFORE a stock reverses and heads to the upside.

MZ Trader readers get our best Money Zone trades every single month - when a stock hits the Buy Zone, we’ll send you an email with exact instructions on how to get in and out of your trades for maximum profit potential.

And just like the Costco hot dog, we’re not raising the price of MZ Trader during inflation - in fact, we’ve cut it to its lowest price ever, just $99 for the year.

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