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What's going on with grocery stocks?

Meanwhile, competition among grocery stocks is heating up. E-commerce giant Amazon.com (AMZN) made a huge entry into grocery with its ~$14 billion acquisition of Whole Foods and is in the process of rolling out its cashier-less technology.

What are the best grocery stocks?

Amazon.com, Inc. (NASDAQ:AMZN), Costco Wholesale Corporation (NASDAQ:COST), and Dollar General Corporation (NYSE:DG) are some of the best grocery stocks just like Weis Markets, Inc. (NYSE:WMK). 11. Ingles Markets, Incorporated (NASDAQ: IMKTA) Number of Hedge Fund Holders: 15

Are grocery stocks a good buy?

Grocery stocks can be a good buy depending on your entry price and investment time horizon. The essential nature of the industry makes them an excellent defensive play during high inflationary periods. Research is critical in finding the right grocery stock that fits your investment profile and holding period.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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