12 Best Grocery Store Stocks to Buy Now

1. Walmart Inc. (NYSE:WMT)

Number of Hedge Fund Holders: 115

Walmart Inc. (NYSE:WMT) is an omnichannel retailer that operates retail and wholesale stores and clubs, e-commerce websites, and mobile applications. It offers an elaborate array of items, ranging from general merchandise and electronics to food, groceries, and more.

The company reported sales growth of 5.2% in fiscal Q4 2025, along with a 9.4% adjusted operating income growth in constant currency. Walmart Inc. (NYSE:WMT) is continually gaining market share across income levels and countries. Unit volumes and transaction counts were up across all its markets in the first three quarters of the year, reflecting its healthy top line. The company’s prices are low, and it is becoming increasingly convenient, resulting in its growing popularity.

In February, Walmart Inc. (NYSE:WMT) Canada announced plans to spend $4.51 billion on new stores, reflecting supply-chain expansion. As part of the initiative, the company is planning to open dozens of stores across the country, starting with opening five supercenters in Ontario and Alberta by 2027, two of which are set to open this year.

Overall, WMT ranks first among the 12 best grocery store stocks to buy now. While we acknowledge the potential of grocery store stocks, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than WMT but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock.

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