Major Divergences in the Grocery Stores Industry
- July 12th, 2012
Grocery stores are the top trending industry on StockTwits today after Supervalue cut its dividend and reported much lower than expected earnings. Apparently not all grocery stocks are operated equally. While Supervalue ($SVU) and Safeway ($SWY) are struggling near 52-week low, giant discount retailers like Walmart ($WMT) and Target ($TGT), and higher-end organic food retailers like Whole Foods ($WFM) are thriving and trading near multi-year highs. One more sign of the bifurcation in the U.S. consumer society.
On StockTwits, you can follow industry streams. You could either click the industry link from each individual ticker’s stream or go here to see the top trending industries for different time frames.
Here’s some of the chatter surrounding the grocery stores industry today:
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