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flag Grocery Outlet and Wendy's show strong growth, highlighted as top food stocks under $20.

flag Grocery Outlet Holding Corp. (GO) and The Wendy's Company (WEN) are highlighted as top food stocks under $20. flag 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. flag Wendy's saw a 5.4% increase in systemwide sales in Q4 2024, reaching $3.7 billion. flag Both companies benefit from a food and beverage industry expected to grow to $8.81 trillion by 2028. flag 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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