The grocery sector is green today. It's high relative strength is due to its flight to quality charecteristics. SVU has a lower PE than both SWY and KR at around 10 times vs 14 for both SWY and KR..the shares are a steal at these levels.
Exactly! It plays out the theory of 'up in a down market' strategy perfectly - in fact NOWFlight to quality as we finally see so many new 52 week and multi year lows and technical demarcations broken through... more like capitulation to quality
Speaking of "broken through", how manypeople on this board have broken throughthe floor boards in their trailer's rightinto where the stray cats live. I'll betcats hate that.,,,,$$$$
That's what was on the sign outsideof your old ladies trailer..,,,,$$$$