Jim Cramer Looked At These 23 Stocks Recently

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

Number of Hedge Fund Holders: 55

Talking about food and beverage companies, Cramer mentioned Mondelez International, Inc. (NASDAQ:MDLZ) and stated:

“Two food and beverage companies managed to make the cut, triumphing over the GLP-1 anti-craving drugs, perennial favorite Coca-Cola and Mondelez.”

Mondelez (NASDAQ:MDLZ) produces and markets a range of snacks and beverages like biscuits, chocolates, gum, candies, and other grocery items. Its brand portfolio have many well-known names in cookies, crackers, chocolates, and snack bars. Carillon Tower Advisers stated the following regarding Mondelez International, Inc. (NASDAQ:MDLZ) in its Q4 2024 investor letter:

“Mondelez International, Inc. (NASDAQ:MDLZ) continued trading lower after cocoa prices remained elevated. The company has struggled with higher import costs, and the incoming presidential administration could tighten standards on processed foods, increasing cost pressures.”

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