#5 - Mondelez International (NASDAQ:MDLZ)
Next up on this list of inflation-resistant stocks is Mondelez International Inc. (NASDAQ: MDLZ). While Mondelez is best known as the parent company of beloved chocolate brands like Cadbury and Toblerone, its appeal goes beyond a simple "everybody loves chocolate" story.
One reason investors should be bullish on Mondelez is that its portfolio of products is less dependent on cocoa prices compared to competitors like The Hershey Company (NYSE: HSY), which Mondelez made an offer to acquire in 2024.
Mondelez has a global footprint, selling its products in over 150 countries. Its portfolio includes household names like Oreo cookies, Ritz crackers, and CLIF bars, forming the cornerstone of a go-to-market strategy crafted by its CEO. This lineup of iconic brands gives Mondelez pricing power, enabling it to navigate inflationary pressures effectively.
And Mondelez uses its earnings to reward shareholders through share buybacks and a dividend that has increased for 13 consecutive years.
About Mondelez International
Mondelez International, Inc, through its subsidiaries, manufactures, markets, and sells snack food and beverage products in the Latin America, North America, Asia, the Middle East, Africa, and Europe. It provides biscuits and baked snacks, including cookies, crackers, salted snacks, snack bars, and cakes and pastries; chocolates; and gums and candies, as well as various cheese and grocery, and powdered beverage products.
More about Mondelez International- Current Price
- $66.31
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 14 Buy Ratings, 7 Hold Ratings, 1 Sell Ratings.
- Consensus Price Target
- $70.20 (5.9% Upside)
