This Under-the-Radar Stock Shows Once Again Why It Belongs in Your Portfolio

Investors typically shy away from the grocery store industry when looking for market-beating investments. The space is highly competitive and mature, and it has commoditized products, making it difficult for operators to differentiate themselves.

But there are a few grocery concepts -- Trader Joe's and Whole Foods are two good examples -- that have built lasting brands that keep customers coming back again and again. I believe Sprouts Farmers Market (NASDAQ: SFM) is another promising grocery concept with tons of growth potential. 

Shares of Sprouts are now up 18% in the past month after the company reported strong second-quarter earnings. Here's why the stock is still underrated and belongs in your portfolio today.

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Source Fool.com