Kroger Company (The)
Long

$KR Trading At Trendline Support

230
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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