15 Best Stocks to Buy During Recession

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

Number of Hedge Fund Holders: 55

Mondelez International, Inc. (NASDAQ:MDLZ) is engaged in manufacturing, marketing, and selling snack food and beverage products. Robert Moskow remains optimistic about the company’s stock, backed by factors highlighting its healthy market position. Mondelez International, Inc. (NASDAQ:MDLZ) tends to benefit from the cultural attachment to chocolate in Europe, where consumers might include it in regular grocery shopping, says the analyst. This sort of cultural tendency leads to stronger chocolate consumption elasticity, which aids the company’s pricing strategy. As per the analyst, the strategic pricing power and the cultural factors fuelling chocolate consumption exhibit a positive outlook for the company’s earnings growth.

Mondelez International, Inc. (NASDAQ:MDLZ)’s well-established and beloved brands possess robust consumer loyalty, which can protect it from some of the pricing pressure. The strength of brands enables Mondelez International, Inc. (NASDAQ:MDLZ) to fetch premium pricing, and it can pass on cost increases to consumers with a lower risk of volume loss. Also, the company’s diverse product range throughout numerous snack categories offers several growth avenues. The diversification can mitigate the weaknesses in a single segment and enable it to reap the benefits of changing consumer preferences and trends. Overall, Mondelez International, Inc. (NASDAQ:MDLZ)’s capability to innovate and extend the brands in the new product categories or formats can fuel additional growth.