Metro (TSE:MRU), one of the largest Canadian grocery retailers, has enjoyed nice gains this year, rallying 17% year-to-date, not including dividends. This begs the question, how much more can MRU stock rally? As of right now, despite MRU being a good stock, it looks like there isn't much short-term upside potential here following its recent rally. As a result, we are neutral on the stock. What Makes Metro a Good Company? Being in the resilient grocery industry, as well as the drugstore industry with its ownership of Jean Coutu, Metro enjoys strong demand even in harsh economic times.
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