3 Reasons Why Kroger Stock Is a Buy

Investors aren't sure what to make of Kroger's (NYSE: KR) business right now. Yes, the chain enjoyed record growth in 2020 as the pandemic lifted demand for essentials like groceries and home cleaning supplies. But the supermarket giant was losing market share to rivals like Walmart (NYSE: WMT) before COVID-19 struck, and it might return to that disappointing trend as the virus threat recedes.

Still, there are some good reasons to believe Kroger is on a fundamentally stronger path today, one that will generate solid returns for shareholders. Let's look at a few factors that point to a brighter future for the business in 2021 and beyond.

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Source Fool.com