5 Most Profitable Food Stocks

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1. Nestlé S.A. (OTCMKTS:NSRGY)

Trailing Twelve Month Net Income: $9.9 billion (1CHF = 1.08USD)

Number of Hedge Fund Holders in Q4 2022: N/A

Nestlé S.A. (OTCMKTS:NSRGY) is perhaps the biggest food and beverages company in the world, with a wide variety of products such as cereals, chocolate, coffee, noodles, juices, and other products in its portfolio.

Nestlé S.A. (OTCMKTS:NSRGY)’s shipments felt the heat from inflation in Q4 2022 as the firm reports that they fell at the same time that it decided to increase prices. Despite this, it raked in $9.9 billion in revenue for the full calendar and fiscal year.

Disclosure: None. You can also take a peek at Ken Griffin’s High Dividend Stock Picks and JP Morgan’s 15 Best Performing Stock Picks for 2023.

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