Kroger (KR) earnings were released September 9th and beat estimates all around. Alex Coffey and Jenny Horne discuss KR as UBS, Morgan Stanley, Evercore SI, and Goldman Sachs all raised their price targets. They talk about how KR has been a consistent performer despite fluctuating grocery prices. They then go over how consumers are dealing with higher grocery prices. Finally, they demonstrate an example trade using KR. Tune in to find out more about the stock market today.
12 Sep 2022