Grocers in Cross Hairs as Winter Storm 'Nemo' Hits East Coast (KR) (SVU) (SWY)
Tweet
Share
E-mailGet Alerts WMT Hot Sheet
Join SI Premium – FREE
Amid the onset of the massive snowstorm hitting the Northeastern U.S., traders are watch grocers for any uptick in sales with many prepping for a slow weekend.
Names on the watch list might include nationwide chains like Wal-mart (NYSE: WMT), Kroger (NYSE: KR), Safeway (NYSE: SWY), and SUPERVALU (NYSE: SVU).
Dean Foods (NYSE: DF), Cal-Maine (Nasdaq: CALM), Flowers Foods (NYSE: FLO), and Ralcorp (NYSE: RAH) might also see a little upside.
Currently, winter storm 'Nemo' is expected to drop about two feet of snow in Boston, nearly two feet in Hartford, and about a foot or more in New York City.
Names on the watch list might include nationwide chains like Wal-mart (NYSE: WMT), Kroger (NYSE: KR), Safeway (NYSE: SWY), and SUPERVALU (NYSE: SVU).
Dean Foods (NYSE: DF), Cal-Maine (Nasdaq: CALM), Flowers Foods (NYSE: FLO), and Ralcorp (NYSE: RAH) might also see a little upside.
Currently, winter storm 'Nemo' is expected to drop about two feet of snow in Boston, nearly two feet in Hartford, and about a foot or more in New York City.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Shares in this major AI chipmakers are "inexpensive": Barclays
- UBS flags this name, sees "significant potential for stock outperformance"
- This name is "a later-cycle beneficiary of the AI spending cycle": Goldman
Create E-mail Alert Related Categories
Insiders' BlogSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
