NYSE:ACI

19.37
0.31 (1.63%) 1d
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COMMENT

Albertsons reports Tuesday. They're trying to merge with Kroger (doubtful). He wants to know from them if there is any food deflation anywhere of any item.

Consumer Products
COMMENT
The Kroger and Albertson deal He thinks Washington will reject this deal, even though he respects and likes Kroger's powerful CEO. Washington won't listen to her.
Consumer Products
BUY ON WEAKNESS
He's concerned that the government has been anti-merger, but these shares should be higher. The stock has come down where it's okay to step in.
Consumer Products
COMMENT
proposed merger Kroger is buying Albertsons, but the White House won't allow it, he thinks. The deal is worth $24.6 billion. Now, he's changing his mind. If the deal goes through, then Albertsons will gain huge. Both stocks have been lagging before this deal. Together, they would have a lot of heft with suppliers, boosting free cash flow and lower admin costs (among other benefits), reaching $1 billion in synergies in four years (say the companies). They would be the second-largest grocer in the U.S. But the merger of Albertsons and Safeway was a disaster, and the FTC definitely remembers that. It will be a long slog (the chances don't look good).
Consumer Products
DON'T BUY
Large US grocer. Checkered past. Public, then private, then public. Balance sheet makes him nervous. Skinny margins, so management is key, especially with inflation. In the space, look at KR instead, with a healthier balance sheet and better growth prospects.
Consumer Products
BUY
He recommended this when it languished last year. Sure enough, it rose after two good good quarters. It's doubled, though has pull back from highs. This has room to run. Buy it ahead of its Tuesday report.
Consumer Products
BUY
They report Monday. He doesn't like supermarket companies, because of their low margins, but Albertsons has been expanding theirs. He's liked this since it went public.
Consumer Products
DON'T BUY
It exhausts him. They delivered a great quarter and he interviewed the CEO. Yet the stock doesn't rise. Maybe the supermarket business is not that prosperous.
Consumer Products
BUY
This major U.S. supermarket chain hasn't done much since it went public in June, but saw a lift today, driven by fears of a Covid lockdown this fall. It sells at a cheap 7x earnings, one of the cheapest on the market. It operates over 2,200 supermarkets under Albertson's and Safeway banners.
Consumer Products
DON'T BUY

He liked ACI when they IPO'd but last week, Kroger (a rival supermarket chain) reported an amazing quarter that didn't help lift ACI in this sector. ACI is cheap but needs a catalyst to rise. He needs to study this stock more.

Consumer Products
BUY
The 2nd biggest grocery chain in the U.S. have been cutting debt. It's enjoying tailwinds during the pandemic as people still need to buy groceries. Defensive.
Consumer Products
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Albertsons Companies(ACI-N) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Albertsons Companies is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Albertsons Companies(ACI-N) Frequently Asked Questions

What is Albertsons Companies stock symbol?

Albertsons Companies is a American stock, trading under the symbol ACI-N on the New York Stock Exchange (ACI). It is usually referred to as NYSE:ACI or ACI-N

Is Albertsons Companies a buy or a sell?

In the last year, there was no coverage of Albertsons Companies published on Stockchase.

Is Albertsons Companies a good investment or a top pick?

Albertsons Companies was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Albertsons Companies.

Why is Albertsons Companies stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Albertsons Companies worth watching?

In the last year, there was no coverage of Albertsons Companies published on Stockchase.

What is Albertsons Companies stock price?

On 2024-11-22, Albertsons Companies (ACI-N) stock closed at a price of $19.37.