10 Best Packaged Food Stocks to Buy Now

7. BellRing Brands, Inc. (NYSE:BRBR)

Number of Hedge Fund Holders: 42

BellRing Brands, Inc. (NYSE:BRBR) is a consumer product holding company that provides packaged powders, nutrition bars, ready-to-drink (RTD) protein shakes, and other RTD beverages. Its primary brands are Dymatize and Premier Protein. BellRing Brands, Inc. (NYSE:BRBR) operates through protein-based consumer goods.

The company reported strong fiscal Q1 2025 results, with net sales reaching $532.9 million, an increase of 23.8%, or $102.5 million, compared to the prior year. This growth was driven by a 20.8% growth in volume and a 3.0% increase in price/mix. BellRing Brands, Inc. (NYSE:BRBR) also reported a 26.3% net sales growth in Premier Protein, while net sales for Premier Protein RTD shake rose 25.3%. These trends reflect the company’s positive operations.

On April 7, Jefferies analyst Kaumil Gajrawala reiterated a Buy rating on BellRing Brands, Inc. (NYSE:BRBR). The company is the seventh best packaged food stock to buy according to hedge funds.