#5 - Nomad Foods Limited (NYSE:NOMD)
Nomad Foods Ltd. (NYSE: NOMD) is the first of three international stocks to close out this list. The U.K.-based company is a pure-play leader European frozen food leader. It manufactures, markets, and distributes its products in a variety of categories in over 16 European countries. In 2024, the company generated $3.98 billion in retail sales which was second only to Unilever PLC (NYSE: UL) which generated $4.30 billion.
Like many food stocks, NOMD stock soared in 2020 and 2021 as people were doing more cooking at home. However, the stock has traded in a defined range since August 2022 with $20 acting as a ceiling. Although market timing can be difficult in the best of circumstances, Nomad provides clear points where investors can scale into a position.
NOMD stock began publicly trading in U.S. markets in 2015 and has delivered a total return of 84.68% in that time. That includes an attractive dividend, which has a yield of 3.33% as of February 2025.
About Nomad Foods
Nomad Foods Limited, together with its subsidiaries, manufactures, markets, and distributes a range of frozen food products in the United Kingdom and internationally. The company offers frozen fish products, including fish fingers, coated fish, and natural fish; ready-to-cook vegetable products, such as peas and spinach; and frozen poultry and meat products comprising nuggets, grills, and burgers.
More- Current Price
- $18.87
- Consensus Rating
- Buy
- Ratings Breakdown
- 3 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $22.00 (16.6% Upside)
