Actionable news
All posts from Actionable news
Actionable news in KR: THE KROGER CO.,

Kroger (KR) Could be Poised to Breakout

NEW YORK (TheStreet) --Grocers continue to struggle this year. Year-to-Date Sprouts Farmers Market (SFM) is down 26%, Supervalu (SVU) is down 25%, Kroger (KR) is down 24%, and Whole Foods (WFM) is down 13%.

Telsey Advisory Group managing director Joe Feldman joined this afternoon's CNBC "Power Lunch" to further discuss the grocery stocks' decline and which company could make a turnaround.

"On the food deflation side it seems like that's going to be around, we think, at least for the back half of this year probably into early next year. It's running on nine months now of...