Seeking Alpha

Grocery stocks underperform the broad market after a report from the Commerce Department shows...

Grocery stocks underperform the broad market after a report from the Commerce Department shows that consumers pared back spending compared to income in March. After catching a lot of M&A chatter earlier this year, the sector is starting to get downtrodden as the ability to pass off higher food and gas prices to thriftier U.S consumers doesn't look promising. Decliners: TFM -5.3%, SWY -2.3%, KR -0.8%, WFM -0.6%.
Comments (1)
  • phemale60
    , contributor
    Comments (2776) | Send Message
     
    If people shopped at Whole Foods during the worst of times they will continue to. Shouldn't be lumped in with the others! WFM is expanding and, like Starbucks, is a growth stock unimpeded by those negative naysayers whose commentary I reject. They either just want to bring the stock down to a better buy price or think eating healthy and/or organic is "elitist"! Keeping my WFM for the long haul.
    30 Apr 2012, 05:27 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|