The Latest Breaking News from Food Makers

The food industry is expected to remain resilient due to consistent demand for food, regardless of economic fluctuations. Therefore, investors might consider buying undervalued food stocks such as Performance Food Group (PFGC), US Foods Holding (USFD), and Sysco (SYY), which have price targets 15% above current levels. Read on.

As inflation continues its downward trend, food manufacturers will stand to benefit as food consumption is likely to grow. Moreover, population growth, the use of technology, expansion into newer markets, and changing consumer preferences are all expected to boost the industry’s prospects. Amid this backdrop, it could be wise to…

The food makers industry is expected to remain robust due to steady demand and technological advancements. Therefore, food stocks Sysco (SYY) and US Foods Holding (USFD) might be solid buys. However, fundamentally weak Utz Brands (UTZ) and Smart for Life (SMFL) might be best avoided. Read on.

Defying macro headwinds, Kellogg Company (K) delivered stable gains over the past year. Moreover, K currently pays more than 3% dividend. Also, its robust fundamentals should help the stock sustain its gains. So, this consumer staples giant should be worth holding now. Keep reading.

With the Fed indicating that it will continue raising rates this year, the odds of the economy tipping into a recession are increasing. Despite uncertain economic conditions, food makers will likely witness steady demand. Therefore, we think fundamentally strong food makers stocks Sysco Corporation (SYY) and Campbell Soup (CPB) could…

Leading chocolate manufacturer Hershey’s (HSY) shares have gained more than 14% over the past year, compared to the broader S&P 500 index’s 18% decline. The company reported impressive third-quarter results and raised its full-year financial outlook, reflecting higher-than-anticipated consumer demand and favorable price elasticities across its segments. Given HSY’s strong…

Despite the uncertain macroeconomic environment, the food industry continues to witness high demand. Therefore, fundamentally sound food stocks Sysco (SYY), Flowers Foods (FLO), Pilgrim's Pride (PPC), and Tiger Brands (TBLMY) could be wise investments this year. Read on….

With inflation showing signs of cooling down, the Fed raised its benchmark interest rates by 50 bps last week and indicated plans to keep increasing rates through 2023, with no reductions until 2024. Given a stable demand for their products, fundamentally sound consumer stocks Ambev S.A. (ABEV), Kellogg (K), and…

Although food inflation remains high, holiday food shopping has picked up the pace. The packaged food industry’s promising prospects bode well for fundamentally sound food makers Hershey (HSY), Sysco Corp (SYY), US Foods (USFD), Flower Foods (FLO), and Pilgrim’s Pride (PPC). Read on….