KROGER CO,KR
COMPANY NEWS
Kroger Co may need some time to earn its sought-after rating upgrade, but its bonds are still worth owning as a haven in the face of an anemic economic recovery, strategists said. Long a favorite of credit investors, Kroger is already treated in the credit default swaps market as though it were rated two steps higher than its Baa2 rating, with five-year swaps trading at about 90 basis points, according to the capital markets research group at Moody's Analytics. Its bonds, meanwhile, are trading about three steps higher than its rating.
COMPANY INFORMATION
The Kroger Co., together with its subsidiaries, operates as a food retailer in the
After Hours: 21.66 0.00 (0.00%) 8:00PM ET
---
INVESTOR AWARENESS
If you're an investor and interested in knowing which stocks are getting ready to run, sign up for our free "members only" alerts at http://whisperfromwallstreet.com/
---
The following is an excerpt only, please read our complete disclaimer at http://whisperfromwallstreet.com/disclaimer.php
WhisperfromWallStreet.com (WFWS) based upon information believed to be reliable herein prepared all material. The information contained herein is not guaranteed by WFWS to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. WFWS is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on http://www.whisperfromwallstreet.com or mentioned herein. WFWS may have been compensated with shares or with cash from third party shareholders or the company on behalf of one or more of the companies mentioned in this opinion.