Kroger is a massive supermarket operator in the U.S., and its popularity is set to grow even more with a recent merger announcement.
In a groundbreaking move, Kroger just announced it would acquire Albertsons to create a new grocery giant.
Kroger hopes the merger can put it in the front-runner position against its head competitor, Walmart, the largest grocery store in the U.S.
But it’s not all good news.
Let’s take a closer look at how it stands in our proprietary Stock Power Ratings system.
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