Is Kroger Stock a Buy for 2022?
Kroger (NYSE: KR) stock is looking more attractive at the close of 2021. In early December, the supermarket retailer announced operating results that position it for a great holiday shopping season. Kroger is succeeding in key growth initiatives, including its digital selling channel and its in-store grocery brands. Cash flow is strong, too, which implies rising cash returns for investors.
So, let's take a closer look at the business heading into 2022 to see if Kroger is a good buy for investors seeking a balance between growth and income.
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Source Fool.com
