5 Best Food Stocks to Buy Now

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1. Mondelez Intl (NASDAQ: MDLZ)

Mondelez tops the list of 10 best food stocks to buy now. The Illinois-based company is famous for Cadbury chocolate and Oreo cookies. It has an annual revenue of about $26 billion and operates in about 160 countries across the globe. Earlier in January, Jefferies analyst Rob Dickerson upped Mondelez’s price target to $66 from $62 and maintained a Buy rating. Mondelez is in Jefferies’ top food picks of 2021.

A total of 50 hedge funds tracked by Insider Monkey held stakes in Mondelez, as of the end of the third quarter, compared to 54 funds a quarter earlier.

Please also see Top 10 Agriculture Stocks To Buy Now and 10 Best Dividend Stocks Under $20.

Disclosure: None.

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