5 Best Meme Stocks To Buy Now

2. The Kroger Co. (NYSE:KR)

Number of Hedge Fund Holders: 49

The Kroger Co. (NYSE:KR) is a food retail company operating in the US and based in Cincinnati, Ohio. The company operates food and drug stores, multi-department stores, and price impact warehouses alongside marketplace stores.

Exane BNP Paribas analyst Andrew Gwynn upgraded shares of The Kroger Co. (NYSE:KR) on October 10 from Neutral to Outperform. The analyst also placed a $51 price target on the stock.

Over the next three to five years, The Kroger Co. (NYSE:KR) is expected to see EPS growth of 12.85%. The company’s one-year dividend growth rate stands at 18.67%.

Our hedge fund data shows 49 funds long The Kroger Co. (NYSE:KR) in the second quarter, with a total stake value of $4.3 billion.