Recession Resistant Investing: 10 Best Grocery Stocks To Buy Now

8. Arko Corp. (NASDAQ:ARKO)

Number of Hedge Fund Holders: 21

Arko Corp. (NASDAQ:ARKO) is an independent convenience store operator with four segments: Retail, Wholesale, Fleet Fueling, and GPMP. The company operates its stores under a brand portfolio of more than 25 regional brands, including Admiral, Apple Market, Flash Market, Dixie Mart, 1-Stop, Handy Mart, Jetz, Jiffi Stop, and more.

The company is making considerable progress in its dealerization program, exceeding its initial conversion goal by transitioning over 150 retail stores to dealer sites in fiscal year 2024. Arko Corp. (NASDAQ:ARKO) plans to do the same for over 100 stores by the end of fiscal Q1 2025, reflecting its focus on optimizing its retail operations and ranking it eighth on our list of grocery stocks for recession-resistant investing.

It also attained a 200 basis point improvement in the OTP category’s gross margin in fiscal Q4 2024, further extending the gap between traditional cigarettes and higher-margin OTP products. This highlights Arko Corp.’s (NASDAQ:ARKO) focus on boosting profitability in this segment, which bodes well for its future operations.