InsiderFinancial

$KR Trading At Trendline Support

Long
NYSE:KR   Kroger Company (The)
$KR is a stock we really like, especially with coronavirus going around. People still need to go to the grocery store and they will stock up. This is why $KR has not gotten hit as bad as other stocks. In times like this, it's important to look for quality companies with limited downside. $KR fights that bill.

$KR trades at just 14x this year's earnings and 0.2x sales.

As always, trade with caution.

Good luck to all!

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