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Stockchase Opinions

Mike S. Newton, CIM FCSIGrocery Outlet HoldingGOTOP PICKNov 26, 2019

On the west coast. For suppliers who can't get rid of produce, dairy, beauty products, and they sell it to family run stores. Interesting model that's been doing quite well. Like a TJ Max, but for the grocery world. No dividend. (Analysts’ price target is $42.22)
$32.72

Stock price when the opinion was issued

$9.58

As of Jun 12, 2026. Market Open.

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It's built a good range in the mid-$30s, building a base for a long time. He'd buy it. It looks like it's heading higher.