5 Best Confectionery, Cookie and Snack Stocks to Buy

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

Number of Hedge Fund Holders: 46

Mondelez International, Inc. (NASDAQ:MDLZ) manufactures snack food and drinks for sale. It offers products such as cookies, crackers, salted snacks, snack bars, and more.

Matthew Smith at Stifel holds a Buy rating on Mondelez International, Inc. (NASDAQ:MDLZ) shares as of April 28.

Analysts see Mondelez International, Inc. (NASDAQ:MDLZ) as a Strong Buy since the stock has 14 Buy ratings and two Hold ratings. The company generated revenues of $9.17 billion in the fiscal first quarter of 2023, representing a revenue growth of $18.06% year-over-year.

In total, 46 hedge funds were long Mondelez International, Inc. (NASDAQ:MDLZ) in the fourth quarter. Their total stake value was $1.5 billion.

Follow Mondelez International Inc. (NASDAQ:MDLZ)