Is Mondelez International, Inc. (MDLZ) the Best Packaged Food Stock to Buy Now?

From Yahoo Finance: 2025-04-13 17:55:00

Mondelez International, Inc. (MDLZ) is compared to other top packaged food stocks. The US packaged food market was worth $1.03 trillion in 2021, with a projected 4.8% growth rate from 2022 to 2030. In a recession, consumer staples, including packaged food, historically outperform the S&P 500. Earnings per share (EPS) strongly influence stock prices in the consumer staples sector. Yahoo! Finance highlights the importance of forward EPS in stock performance. Top consumer staples stocks share traits like strong balance sheets, profit flexibility, and US manufacturing presence to offset inflation. Mondelez International, Inc. (MDLZ) is a leading packaged snack food and beverage company with popular brands like Oreo and Cadbury Dairy Milk. In 2024, the company demonstrated strong performance and generated $3.5 billion in free cash flow. Mondelez International, Inc. (MDLZ) aims for long-term growth and navigates cocoa cost inflation with a focus on its chocolate playbook. Piper Sandler raised the price target on Mondelez International, Inc. (MDLZ) to $64, maintaining a Neutral rating. MDLZ ranks 2nd on the list of best packaged food stocks to buy now, but some AI stocks may offer greater returns in a shorter timeframe. Check out the report on the cheapest AI stock for potential investment opportunities.

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