10 Best Organic Food and Farming Stocks To Invest In

6. Dole plc (NYSE:DOLE)

Number of Hedge Fund Holders: 24

Dole plc (NYSE:DOLE) is a leading global provider of fresh fruits and vegetables, operating in over 30 countries and serving customers in more than 75 markets around the world. The company has an extensive vertically integrated supply chain, which includes over 250 facilities such as farms, packhouses, manufacturing sites, cold storage warehousing, and distribution hubs. The company markets and distributes over 300 lines of fresh produce, including both common and exotic items, along with a selection of organic fruits, vegetables, and salads. Dole plc (NYSE:DOLE) is one of the best food stocks to buy.

In the third quarter of 2024, the company reported revenues of $2.1 billion, reflecting a 1% increase compared to the previous year. The fresh fruit segment performed particularly well, with a 6.6% rise in revenue driven by increased sales of bananas and higher prices for both bananas and pineapples. Notably, Dole plc (NYSE:DOLE) reported that there was strong demand for organic bananas during this period, highlighting the growing consumer interest in organic produce.

With its strong market position in fresh produce, commitment to organic offerings, and strategic initiatives for growth and efficiency, Dole plc (NYSE:DOLE) presents a compelling investment opportunity in the organic food sector.