Chart of the Day - Kroger (KR)

The "Chart of the Day" is Kroger (KR), which showed up on Thursday's Barchart "52-Week High" list. Kroger on Thursday posted a new 14-month high of $25.36 and closed +1.40%. TrendSpotter has been long since Sep 6 at $23.10. In recent news on the stock, Jefferies on Oct 16 upgraded Kroger to Buy from Hold and raised its target price to $30 from $25. Kroger on Oct 16 raised its long-term EPS growth target to 8-11% and approved a $500 million share repurchase program to replace the program than had $340 million of purchases remaining. Kroger, with a market cap of $13 billion, is one of the larger grocery retailers in the United States.