#5 - Mondelez International (NASDAQ:MDLZ)
Next up on this list of inflation-resistant stocks is Mondelez International Inc. (NASDAQ: MDLZ). This is more than an “everybody loves chocolate” story, although Mondelez is the parent company of both Cadbury and Toblerone.
Actually, it’s more the opposite. One reason investors should be bullish on Mondelez is that its portfolio of products is less dependent on cocoa prices when compared to The Hershey Company (NYSE: HSY) which Mondelez made an offer to acquire in 2024.
The company sells its products in over 150 countries worldwide. Its portfolio includes some of the best-loved consumer names such as Oreo’s, Ritz crackers and CLIF bars. This is part of a go-to-market strategy laid out by Mondelez’s CEO that includes a stable of iconic brands, which give the company pricing power.
And Mondelez uses its earnings to reward shareholders through share buybacks and a dividend that has increased for 13 consecutive years as of January 2025.
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.
Read More - Current Price
- $57.40
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 12 Buy Ratings, 4 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $73.81 (28.6% Upside)
