Filed under: Kroger Co (KR), Stocks to Buy

On the Periodic Table of Elements, the symbols Kr, Ne, He stand for krypton, neon, and helium, three of the so-called noble gases. Noble gases are chemically stable, and can be easily overlooked because they are colorless and odorless. They have boiling and melting points that are close together, meaning that they have a very narrow range of temperatures at which they are liquid. And noble gases have industrial applications in lighting, welding, and lasers.

On the New York Stock Exchange, KR, NE, and HE stand for Kroger, Noble, and Hawaiian Electric Industries. Do these companies exhibit similar characteristics of stability, a tendency to be overlooked, and scarce liquidity? Well, no analogy is perfect, especially one as arbitrary as this. But here’s a look at these stocks nonetheless.

Cincinnati-based Kroger Co. (NYSE: KR) is the largest traditional grocery chain in the U.S. (though Wal-Mart is the largest seller of groceries). Kroger has more than 2,400 supermarkets under several different names, as well as more than 750 convenience stores.

Continue reading Three ‘noble’ stocks: Kroger (KR), Noble (NE), and Hawaiian Electric (HE)

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This entry was posted on Sunday, December 2nd, 2007 at 1:05 pm and is filed under Stocks Money News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.