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....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.