are US supermarkets safe havens or past their sell-by date?

Shares in supermarket groups are considered a great place for investors to hole up during times of uncertainty because so many of the things they sell are necessities. However, many leading US grocers are being hit hard by recession fears connected to the Trump administration’s policy blitz since taking office.

Many of these companies are highly popular with the top-performing investors followed by Citywire.

Four US supermarkets – Walmart (US:WMT), Kroger (US:KR), Costco (US:COST) and Sprouts Farmers Market (US:SFM) – are among the 78 stocks that make up Citywire’s recently launched Global Elite Companies index, which tracks the very best ideas of the world’s best managers.