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5 US Food & Beverage Stocks Displaying Strong Growth
By The Smart Investor  •  March 21, 2024
Growth stocks can help you to build and grow your investment portfolio to better prepare yourself for retirement. The good news is that there is a wide assortment of growth stocks to be found in the US. With food being a necessary staple, investors can sift out interesting food and beverage (F&B) stocks to add to their portfolios. Here are five attractive US-listed F&B stocks that demonstrate both good growth and bright prospects.

Mondelez (NASDAQ: MDLZ)

Mondelez is one of the world’s largest snack food companies that holds the #1 position in biscuits and #2 position in chocolates. It owns popular brands such as Oreo, Ritz, Cadbury, Milka, and Toblerone. Mondelez has displayed steady growth over the last few years with revenue rising from US$28.7 billion in 2021 to US$36 billion in 2023. Net profit climbed from US$4.3 billion to US$5 billion over the same period. The business also generated positive free cash flow for all three years averaging US$3.3 billion per year....
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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