Here's My Top Stock to Buy Now -- and It's Not a Growth Stock
This has been an outstanding year for many individual investors, and particularly those willing to buy and hold high-quality growth stocks. This investment approach has largely been a winning strategy over the past decade and the past year.
Many growth stocks have delivered impressive 2020 business performance to account for their soaring stock prices. Other growth-oriented Wall Street darlings have valuations that are becoming increasingly difficult to justify. With this backdrop in mind, it may make sense for investors to venture beyond the growth stocks for which the market has developed an insatiable appetite recently.
Here's why grocery chain Kroger (NYSE: KR) could make sense for your portfolio.
Source Fool.com