Promising Grocery Stocks To Watch Now – January 31st

Starbucks, Costco Wholesale, and Uber Technologies are the three Grocery stocks to watch today, according to MarketBeat’s stock screener tool. Grocery stocks are shares of publicly traded companies that operate in the grocery retail industry, including supermarkets, convenience stores, and specialty food retailers. Investors may purchase these stocks as a way to potentially profit from the performance and growth of these businesses within the consumer staples sector. These companies had the highest dollar trading volume of any Grocery stocks within the last several days.

Starbucks (SBUX)

Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of coffee worldwide. The company operates through three segments: North America, International, and Channel Development. Its stores offer coffee and tea beverages, roasted whole beans and ground coffees, single serve products, and ready-to-drink beverages; and various food products, such as pastries, breakfast sandwiches, and lunch items.

Shares of SBUX traded down $0.82 during trading hours on Friday, reaching $108.18. 7,873,759 shares of the company’s stock traded hands, compared to its average volume of 9,663,039. The firm has a market capitalization of $122.88 billion, a price-to-earnings ratio of 34.91, a P/E/G ratio of 3.47 and a beta of 0.99. Starbucks has a twelve month low of $71.55 and a twelve month high of $110.34. The business’s fifty day simple moving average is $96.08 and its two-hundred day simple moving average is $93.11.

Costco Wholesale (COST)

Costco Wholesale Corporation, together with its subsidiaries, engages in the operation of membership warehouses in the United States, Puerto Rico, Canada, Mexico, Japan, the United Kingdom, Korea, Australia, Taiwan, China, Spain, France, Iceland, New Zealand, and Sweden. The company offers branded and private-label products in a range of merchandise categories.

COST stock traded up $3.49 during trading hours on Friday, hitting $982.50. 701,216 shares of the stock traded hands, compared to its average volume of 1,861,629. The stock has a 50-day simple moving average of $954.19 and a 200 day simple moving average of $906.54. Costco Wholesale has a one year low of $691.50 and a one year high of $1,008.25. The company has a market cap of $436.13 billion, a P/E ratio of 57.70, a P/E/G ratio of 5.75 and a beta of 0.84. The company has a current ratio of 0.98, a quick ratio of 0.43 and a debt-to-equity ratio of 0.23.

Uber Technologies (UBER)

Uber Technologies, Inc. develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia excluding China and Southeast Asia. It operates through three segments: Mobility, Delivery, and Freight. The Mobility segment connects consumers with a range of transportation modalities, such as ridesharing, carsharing, micromobility, rentals, public transit, taxis, and other modalities; and offers riders in a variety of vehicle types, as well as financial partnerships products and advertising services.

UBER stock traded up $0.36 during trading hours on Friday, hitting $66.95. 9,427,127 shares of the stock traded hands, compared to its average volume of 24,664,521. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.70. Uber Technologies has a one year low of $54.84 and a one year high of $87.00. The company has a market cap of $140.98 billion, a P/E ratio of 33.42, a P/E/G ratio of 0.77 and a beta of 1.36. The stock has a 50-day simple moving average of $65.71 and a 200 day simple moving average of $70.14.