9 Best Alternative Meat Stocks to Buy

2. The Kroger Co. (NYSE:KR)

Number of Hedge Fund Holders: 39   

The Kroger Co. (NYSE:KR) operates as a beef retailer in the United States. The following elements demonstrate why this company is an excellent investment choice. Firstly, the company’s identical sales without fuel increased 2.3%, reflecting a positive trend in its key business activities. In addition, the operating profit recorded was $828 million and Earnings Per Share (EPS) of $0.84, indicating profitability from its core operations and a solid return for shareholders. Secondly, the brand offers a great range of plant-based foods, including meat substitutes, dairy alternatives, and ready-to-eat meals. The company’s Simple Truth brand features a variety of plant-based options, catering to consumers seeking vegan and vegetarian choices.