Why SUPERVALU (SVU) Stock Is Soaring Today

NEW YORK (TheStreet) -- SUPERVALU (SVU) stock is soaring Wednesday after the company beat analysts' estimates in its fourth quarter. 

By midmorning, shares had added 15.1% to $7.78. 

In its February-ending quarter, the grocery chain reported net income of 18 cents a share, 3 cents higher than analysts surveyed by Thomson Reuters had anticipated. 

Revenue of $3.95 billion exceeded analysts' forecasts of $3.88 billion.

SELL NOW: If you own any of the 900 stocks that TheStreet Quant Ratings has identified as a 'Sell'...you could potentially lose EVERYTHING in the next 6-12 months. Learn more.

TheStreet Ratings team rates SUPERVALU INC as a Sell with a ratings score of D. TheStreet Ratings Team has this to say about their recommendation:

"We rate SUPERVALU INC (SVU) a SELL. This is driven by several weaknesses, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. Among the areas we feel are negative, one of the most important has been poor profit margins."

STOCKS TO BUY: TheStreet's Stocks Under $10 has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

If you liked this article you might like