Thanksgiving Day is here and kick starts the one month-long holiday season. While most Americans warm up for their annual shopping gala on the fourth Thursday of November every year – which goes by giving thanks for all good things in life – the day mainly calls for celebratory meals with family and friends, at home or outside.

This year, savings on gas stations thanks to cheap oil prices, an improving job market and still-contained inflation should lay a copious spread on the Thanksgiving table.

How Pricey Thanksgiving Meal This Year? 

The national average cost of a Thanksgiving feast last year tallied $49.41, as per the American Farm Bureau Federation. Though the Farm Bureau survey indicated that this cost stayed the same or somewhat declined from the prior year and moved along the consumer price index, ‘the average cost of Thanksgiving dinner for 10 people’ will likely cross $50 for the first time in 2015 since the agency started following the data.

The spike in the price of turkey, the focus of the dining table, thanks to a supply crunch caused by bird flu is mainly behind the expected rise in cost. But, industry experts also believe that on an inflation-adjusted basis, prices are quite reasonable. Moreover, this year, consumers can also import fruits, vegetables, wines and cheeses at cheaper prices thanks to a soaring greenback. Yields of corn, wheat and soybeans are also abundant.

As per USDA’s projection in October, all food price index is up 1.7% so far in 2015, below the 20-year historical average of 2.6%. Food away from home inflation is 2.5% this year against the 2.7% historical average while food at home inflation is just 1.1%, drastically lower than the historical average of 2.6%.

In any case, restaurant industry sales are projected to peak in 2015 with a record high of $709.2 billion, representing the sixth successive year of real expansion in restaurant sales, per National Restaurant Association. If online sales are considered, Thanksgiving Day is expected to see an 18% year-over-year rise to $1.6 billion. It will be the ‘fastest growing online sales day for the second consecutive year’, per Adobe.

So food and beverage companies are pinning their hopes on this Thanksgiving for huge profits. This is a key business-boosting occasion for these stocks and the related ETFs. Let’s take a look at the stocks and ETFs investors can gobble up for some gains throughout the holiday season (read: Q4 Outlook for Consumer Staples ETFs).

Stock Picks

B&G Foods Inc. (BGS)

The company makes and markets packed and easy-to-store food and household products. Its products basket carries hot cereals, fruit spreads, canned meats and beans, bagel chips, spices, seasonings, hot sauces, wine vinegar, Mexican-style sauces, pickles, peppers, salad dressings, dry soups, puffed corn and rice snacks and many more. The list clearly indicates why the stock should be a hit on Thanksgiving. B&G has a Zacks Rank #1 (Strong Buy) and is up over 23% so far this year (as of November 24, 2015).

Constellation Brands Inc. (STZ)

The company, along with its subsidiaries, brews and markets beer, wine, and spirits in the North America, Mexico, New Zealand and Italy.  Wine’s compatibility with turkey at Thanksgiving dinner has put this company in focus. Constellation Brands has a Zacks Rank #2 (Buy) and a Growth score of ‘A’. STZ is up over 44% so far this year.

The Kroger Co. (KR)

Kroger, with its subsidiaries, operates as a retailer in the U.S. and abroad. It is the manufacturer and processor of food that is sold in its supermarkets. Kroger has a Zacks Rank #2, a Growth score of ‘B’ and a Value Score of ‘B’. KR is up about 16% so far this year.

Ruth's Hospitality Group Inc. (RUTH)       

The restaurateur’s Chris Steak House concept is among the bunch of eateries which will remain open on the Thanksgiving. The Florida-based company has a Zacks Rank #2 and a Value score of ‘A’. The stock is up over 15%.

ETF Picks 

PowerShares Dynamic Food & Beverage Fund (PBJ)

This product offers exposure to the stocks that are engaged in the manufacture, sale or distribution of food and beverage products, agricultural products and products related to the development of new food technologies (read: Consumer ETFs Hold Head High After Wage Hike).

The $244.3-million ETF puts about 5% weight in Starbucks, PepsiCo, Kroger, Mondelez and Sysco each. PBJ charges 58 bps in fees and is up 7.4% in the year-to-date frame (as of November 24, 2015). PBJ has a Zacks ETF Rank #3 (Hold) with a Medium risk outlook.

The Restaurant ETF (BITE)

This is a new ETF that gives investors access to the ‘food-away-from’ industry. No stock accounts for more than 3.09% weight of the 45-stock portfolio. At present, McDonald’s takes the top spot. BITE charges 75 bps in fees (read: Time to Take a Bite into This Exclusive Restaurant ETF?).

Market Vectors-Agribusiness ETF (MOO)

This $963-million ETF gives investors exposure to the overall performance of the global agribusiness industry. U.S. makes up over half of the basket. Stocks like Monsanto and Syngenta take over 8% each in the fund. MOO charges 57 bps in fees and is down 7.8% so far this year.

Consumer Staples Select Sector SPDR Fund (XLP)

This is the most popular consumer ETF with about $7.8 billion of assets. The fund charges 14 bps in fees per year from investors. Food & Staples Retailing takes over 24% of the basket followed by beverages with over 21% weight. Food products take about 15.8% of the fund. XLP is up about 2.4% and has a Zacks ETF Rank #3 with a Medium risk outlook.