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Added to YB: 2024-11-22

Pitch date: 2024-11-21

MDLZ [bullish]

Mondelez International, Inc.

Author Info

No bio for this author

Company Info

Mondelez International, Inc., through its subsidiaries, manufactures, markets, and sells snack food and beverage products in the Latin America, North America, Asia, the Middle East, Africa, and Europe.

Market Cap

$86.1B

Pitch Price

N/A

Price Target

87.00 (+34%)

Dividend

2.92%

Sector

Food Products

Category

value

Mondelez International, Inc. – The best Defensive stock pick today

MDLZ: Undervalued consumer staples giant at 18x P/E (-14% vs 5Y avg). #2 in chocolate, #1 in biscuits. Strong brands, market share gains. Q3 beat, volumes recovering. Cocoa prices remain high but easing. 3% yield, 10% dividend CAGR. $87 PT by 2026, 14-17% annual return potential.

Read full article (7 min)