Kroger: A Slightly Elevated Price For A Good Company
Kroger(KR) Seeking Alpha·2024-08-21 17:45
WendellandCarolyn Last year, I wrote about Kroger (NYSE:KR) and argued that it had an attractive valuation. I also liked its dividend growth record. Today, I'd only really support the latter argument. I hold the stock, and I plan to continue doing so. However, I'm not in a huge hurry to add more shares. Kroger is a great company with a long history. It has stores throughout the United States, and it sells many products under its own label. It put out a bid to buy Albertsons (ACI) for $24.6 billion in Oc ...