Food stocks really came into their own last year as the coronavirus pandemic had everyone laser focused on what it meant to buy food where. Yet not all companies fared equally.
Restaurants, for example, were crushed by the bans on indoor seating, though those with developed off-premise operations like Darden Restaurants ' (NYSE: DRI) Olive Garden chain came out relatively better than those that had to build one on the fly.
Similarly, supermarkets saw increased sales from consumers choosing to cook at home more, but Walmart (NYSE: WMT) , with its robust online grocery business, generated far more sales than other chains whose e-commerce operations were less fully developed.
For further details see:
2 Top Food Stocks to Buy In January