12 Best FMCG Stocks to Buy According to Billionaires

9. Mondelez International, Inc. (NASDAQ:MDLZ)

Number of Billionaire Investors: 12

Number of Hedge Fund Holders: 55

Mondelez International, Inc. (NASDAQ:MDLZ) is engaged in manufacturing, marketing, and selling snack food and beverage products. Morgan Stanley initiated coverage on the company’s stock with an “Overweight” rating and a price objective of $69, demonstrating confidence in its strategic positioning and potential sales growth. The firm’s optimistic outlook revolves around Mondelez International, Inc. (NASDAQ:MDLZ)’s brand strength and pricing strategies, which can improve the market share. The company’s strategic emphasis on sustainable growth and value-enhancing acquisitions is a critical element of its approach.

Elsewhere, analyst Robert Moskow from TD Cowen maintained a “Buy” rating on the company’s stock with the price objective of $71.00. The analyst’s rating is backed by factors demonstrating a favourable outlook on its financial performance and market positioning. The analyst has highlighted Mondelez International, Inc. (NASDAQ:MDLZ)’s robust brand portfolio and its strategic presence in developing markets. Its strategic emphasis on the cake and pastry segment provides a strong growth opportunity.

This category expansion enables it to leverage existing distribution networks, brand recognition, and manufacturing expertise to enter a new market possessing healthy growth potential. Mondelez International, Inc. (NASDAQ:MDLZ)’s cakes and pastries business continues to grow and remains well-positioned to accelerate growth. The company’s established presence in the snack industry places it well to capitalize on the market trends.