With major food retailers Aldi, and Kroger announcing organic expansion plans, along with the BBQ season revving up, we decided to look at the retail food sector. The food retail sector is expected to register a 2% growth in same store sales in 2015. The food retail sector employs more than 3 million people, earning an average of $12.58 an hour, and working an average of 28 hours per week. Here are some of the best food retail stocks TheStreet Quant Ratings says you should consider looking at. Number 3 is Ingles Markets Incorporated. With a ‘B+’ rating, the company’s strengths can be seen in its solid stock price performance and compelling growth in net income. 2nd is, Casey’s General Stores. This rating is also a ‘B+.’ Casey’s thrives in its notable return on equity and solid stock price performance. Number 1 is The Kroger Company. With an ‘A+’ rating the company flourishes in its revenue growth and notable return on equity. TheStreet Ratings are algorithmic stock picks based on 32 major data points. S&P 500 stocks rated ‘buy’ yielded a 16.5% return in 2014, beating the S&P 500 Total Return Index by more than 300 basis points. For the full reports on these stocks, you can check out TheStreet.com/QuantRatings.
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