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Auxier Highlights Kroger Turnaround and Valuation Discount in Q2 Letter

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The Story

News Summary

  • Auxier Asset Management released its Q2 2026 letter, noting AI-driven S&P 500 gains alongside leverage concerns.
  • The fund highlighted The Kroger Co.
  • as an undervalued turnaround opportunity trading at 12 times earnings under new leadership, despite consumer staple headwinds from inflation and reduced consumer spending.
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