- Zacks
Kroger (KR) Stock Declines While Market Improves: Some Information for Investors
Kroger (KR) closed at $52.31 in the latest trading session, marking a -1.28% move from the prior day.
- InvestorPlace
Reliable Rewards: 7 Dividend Stocks to Count On in Any Market
Earlier, the Federal Reserve stood poised to cut the benchmark interest rate, which boded well for reliable dividend stocks. Essentially, Uncle Sam’s high yields wouldn’t compete with the passive income stemming from private enterprises. However, the latest reading from the pulse of the labor market shows that fewer Americans are filing for unemployment benefits. Per Reuters, this dynamic points to sustained strength in the underlying economy. If so, more money is chasing after fewer goods, whic
- Benzinga
Warren Buffett Invested In Kroger In 2019 — Now The Grocer Is Expanding Its Footprint
Legendary investor Warren Buffett rarely invests in real estate, but it's a crucial piece of the strategy for many companies in his portfolio. Take Kroger Co. (NYSE:KR) as an example. Buffett added Kroger to his portfolio in 2019 and now owns a $2.9 billion stake. The company recently unveiled plans to expand its brick-and-mortar store base soon. Kroger has nearly 2,800 stores in the U.S. under different brand names, but it lags behind competitors like Walmart Inc., which has about 4,700 locatio
