UnknownUnicorn180388

Kroger Co. at Supreme Value

NYSE:KR   Kroger Company (The)
The Kroger Family of Companies recently provided new career opportunities to 23,500 workers nationwide, with an additional 20,000 planned in the next several weeks to ensure supplies are available to communities during the COVID-19 pandemic.

"Kroger's top priority continues to be uplifting our associates and serving our communities, whether that's by ensuring customers always can find food and products on our shelves or by providing a nearly immediate job opportunity to help an unemployed person to begin working again," said Tim Massa, Kroger's senior vice president and chief people officer. "During this time of uncertainty, Kroger is committed to remaining a constant. We have a responsibility to our associates, customers and communities, and we will continue to be here…for any need."

Furthermore, Sysco and Kroger Co. announced on Friday they had entered a temporary agreement during these unprecedented times. This agreement will create excellent work opportunities and help alleviate the tension in the food supply chain.

This decisive action comes after nearly 3.3 million people filed for jobless aid and therefore boosting investor and consumer confidence as we progress throughout uncertain times.

The remarkably stable conditions relative to the market combined with the recent pullback phase enables market participants to enter a stable investment at supreme value.

I've identified suitable investment levels based on the weekly time-horizon; this enables KR enough breathing room to navigate any unexpected volatility.
Entry Placement: $32.71 / Stop-Loss Placement: $27.33 / Take-Profit Placement: $40.78
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