BAML: Don't sleep on Kroger


Keep an eye on Kroger (KR +0.6%), advise the analysts at Bank of America Merrill Lynch.

The grocery store chain has a number of growth drivers - including organic food initiatives and its FuelRewards program - which justify a premium valuation in the retail sector.

Though investors give up some dividend income with a Kroger investment in comparison to Target or Wal-Mart, the revenue growth potential makes it a solid Buy to BAML.

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Comments (1)
  • neil.skiier
    , contributor
    Comments (2) | Send Message
     
    in for the long haul...is $60 a possibility?
    29 Jul 2014, 05:19 PM Reply Like
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