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Grocery Outlet and Wendy's show strong growth, highlighted as top food stocks under $20.
Grocery Outlet Holding Corp. (GO) and The Wendy's Company (WEN) are highlighted as top food stocks under $20.
GO reported a 10.4% rise in net sales to $1.11 billion in Q3 2024, opening five new stores, bringing the total to 529.
Wendy's saw a 5.4% increase in systemwide sales in Q4 2024, reaching $3.7 billion.
Both companies benefit from a food and beverage industry expected to grow to $8.81 trillion by 2028.
WK Kellogg Co. (KLG), known for cereal brands, also stands out, with a 7% EBITDA growth post-spinoff and a 3.2% dividend yield.
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Grocery Outlet y Wendy's muestran un fuerte crecimiento, destacado como las mejores reservas de alimentos por debajo de $20.