Here’s Why Super Market Stocks are Spiking Now

Food store stocks are on a roll today after The Fresh Market (NASDAQ:TFM) said revenue rose 13.6% in the most recent quarter. (See “The Fresh Market Earnings Cheat Sheet: Double-Digit Revenue Growth.”) Investors are using super markets as a low risk place to park cash and grab some dividends while the overall economy sorts itself out.

Here are how top food market stocks performed today: Whole Foods Market, Inc. (NASDAQ:WFM) 3.54%, Safeway Inc. (NYSE:SWY) 1.49%, The Kroger Co. (NYSE:KR) 2.17%, Winn-Dixie Stores, Inc. (NASDAQ:WINN) 3.49%, SUPERVALU INC. (NYSE:SVU) 3.24%, Wal-Mart (NYSE:WMT) 0.74, and Target (NYSE:TGT) 1.39%.