These Grocery Stocks Will Power You Through Stormy Markets

Prominent food and grocery stocks from Canada, traded on the Toronto Stock Exchange, tend to perform well across both weak and strong economies. This is mainly attributable to the implementation of a strategy that focuses on low margins and high volume.

This allows the retailer to lower costs and outperform smaller food companies.

Remember when you first learned how to invest in stocks, and people would tell you to “invest in what you know.” Food and grocery stocks fall under this category and, as such, are extremely popular.

But don’t get the wrong impression. Some can give Canadian investors pretty solid growth. In fact, one of the largest chains in the country, Loblaw, has been one of the best performing Canadian blue chip stocks over the last while.

Humans need food to survive. As such, the food and beverage sector of the stock market is often looked at as a staple.

In addition to this, the cost of living crisis we are facing here in Canada is resulting in a significant spending shift when it comes to groceries. Higher cost grocers are getting crushed, while discount brands are thriving.

In this article, I’ll be going over 3 Canadian stocks that focus on food and grocery that investors need to look at. Each food and beverage stock will bring something different to the table (no pun intended).