#6 - Mondelez International (NASDAQ:MDLZ)
Mondelez International Inc. (NASDAQ: MDLZ) is a contrarian pick for 2025. The snack food and beverage manufacturer best known for brands like Oreo and Toblerone is facing the same reality that is true for many consumer discretionary companies. That is, it’s struggling with a weakening consumer. The company’s topline revenue is down year-over-year, but the company’s earnings are up. This may, however, be due more to cost-cutting measures than pricing power.
The concern is that the growth of GLP-1 drugs will eat away (no pun intended) at the company’s revenue and earnings. However, the slump in sales may be due to consumers shopping less at convenience stores where Mondelez does a brisk business. Either way, the company does have popular healthy snacks like CLIF bars in its portfolio.
After an October sell-off, MDLZ stock is down about 3% in 2024. However, analysts have a consensus price target of $78.41, which gives the stock an 11.8% upside. That goes along with a dividend that has a yield of 2.68% and has been increasing 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.
Read More - Current Price
- $64.94
- Consensus Rating
- Buy
- Ratings Breakdown
- 16 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $80.31 (23.7% Upside)
