55.33 0.00 (0.00%)
After hours: 5:07PM EDT
|Bid||55.34 x 4000|
|Ask||55.35 x 1200|
|Day's Range||55.08 - 55.50|
|52 Week Range||38.78 - 55.71|
|Beta (3Y Monthly)||0.78|
|PE Ratio (TTM)||25.07|
|Earnings Date||Jul 23, 2019 - Jul 29, 2019|
|Forward Dividend & Yield||1.04 (1.88%)|
|1y Target Est||56.33|
Joining Yahoo Finance's Jen Rogers and Myles Udland is Jared Blikre to break down the week's market action in the S&P 500, its 11 sectors (where tech is leading the year again), as well as the weekly winners in the Nasdaq 100 — all with the help of our new YFi Interactive touch screen.
While we're impressed with the continued strength in the Mondelēz’s (MDLZ) base business, its low growth expectation makes us skeptical. We expect Mondelēz to continue to drive organic sales on the back of higher volumes and pricing.
Shares of Mondelēz International (MDLZ) are scaling new heights thanks to its stellar gains so far this year. Mondelēz stock is up 38.0% on a YTD (year-to-date) basis, and it closed at $55.25—just a shade lower than its 52-week high of $55.71—on June 21.
Mondelez (MDLZ) has been keen on expanding business through strategic acquisitions. Its latest buyout Perfect Snacks is another step toward bolstering offerings in the snacks division.
It's summertime and the living is easy. Or at least it should be. These days, volatility is getting pretty crazy. While the Federal-Reserve-induced swings have been moving the market higher, it was just a few weeks ago that trade issues were sending stocks lower. This sort of extreme ebb and flow is not exactly the kind of environment that breeds restful nights of sleep. This is especially true if you are near or in retirement.That is unless you focus on boring stocks.Perhaps the best stocks to buy this summer are the ones you don't have to think about. We're talking about boring stocks that generate good revenues in good times and in bad. Nothing too flashily. No crazy exposure or reliance on trendy sectors of the market. Moreover, these stocks reward investors with plenty of dividends and buybacks. You can simply buy shares, collect your income and just forget about them.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIn the end, with volatility surging and the markets moving in a big way, the stocks to buy this summer are the boring ones. It's the best strategy to get through and not get seasick. * 10 'Buy-and-Hold' Stocks to Own Forever With that said, here are five boring stocks to buy this summer. Johnson & Johnson (JNJ)Source: Shutterstock One of the best stocks to buy this summer could be Johnson & Johnson (NYSE:JNJ). When it comes to the healthcare sector, there's no bigger blue chip than JNJ. The firm's empire spans more than 250 operating companies across a variety of healthcare subsectors. That includes consumer healthcare products and medical devices to advanced oncology and immunology drugs. JNJ really does it all.And doing it all makes it a pretty boring stock as well.Thanks to JNJ's multiple product lines, the firm has been able to navigate some tough economic markets over the course of its history. When one of its product lines is suffering, another can pick up the slack. And the fact that JNJ sells its products in more than 60 countries is the icing on the cake. The firm's adjusted earnings have continued to increase for over 35 years based on its deep product line. Moreover, it has been able to increase its dividend for the last 57 years straight. Currently, Johnson & Johnson yields 2.71%. That's a very impressive track record that allows it to keep going during times of duress.Now, there is some new risk at JNJ, such as it's own going talc issues as well as a new pending opioid lawsuit. But even here, JNJ's size and scope will help it navigate with relative ease.All in all, JNJ could one of the best stocks to buy this summer. Republic Services (RSG)Source: Shutterstock According to the latest EPA survey, Americans generate more than 254 million tons of trash or recyclables per year. That's a lot of garbage. But for Republic Services (NYSE:RSG), that trash is a gold mine.RSG is one of the largest trash haulers in the nation. That position provides it plenty of scales. And scale is important in the garbage industry. The problem is that hauling garbage is a relatively low-margined business. By having that scale, Republic is able to earn a little from all its operations. Moreover, it's able to undercut most smaller mom and pop operators for winning key job bids. This base of operations, as well as ownership of its own landfills, has allowed RSG to quickly become a dividend champion -- growing its payout by an average of 8% over the last three years.But RSG is finding ways to boost its potential as well.That includes boost higher-margined recyclable hauling as well as expanding into other areas of waste disposal. Republic now owns several saltwater disposal wells from the oil and gas industry and has moved into providing renewable energy. Turns out, landfills throw off plenty of natural gas that can be burned for energy production, while several of its sites are prime candidates for solar and wind power. * 7 Blue-Chip Stocks to Buy for a Noisy Market Trash is boring, but RSG is turning that boring nature into gold. Southern (SO)Source: Shutterstock The stocks to buy this summer could be the utilities. Perhaps nothing more boring than those firms that produce electricity, water, and natural gas. That includes top-notch utility Southern (NYSE:SO). SO is one of the largest-regulated utilities in the nation and provides power to more than 9 million customers across several states. This provides SO with plenty of steady cash flows that continue to fuel its growth and shareholder rewards.The firm has paid dividends since the 1950's and has raised its payout over the last 17 years straight.Fueling that dividend growth has been the unregulated side of its businesses. A few years ago, Southern purchased pipeline and gas supplier AGL Resources. A similar buy of gas supplier NICOR followed. This moved Southern into the pipeline industry. It turns out this was a great decision. While the combination of FERC-regulated pipelines as well as unregulated gathering/trunk lines have helped boost SO's overall profits since the buyouts.Southern isn't without its warts. The firm has continued to struggle with carbon capture projects and has taken a bath on its nuclear plants thanks to cost overruns and bankruptcy of its contractor Westinghouse. This has pressured the firm in recent quarters.However, the vast bulk of Southern is good, old-fashioned and boring power generation. And because of that, SO makes a great stock to buy for its high 4.6% yield this summer. Chubb (CB)Source: Pictures of Money via FlickrI think I'd rather watch paint dry than talk about the insurance industry. But when it comes to the boring stocks to buy, the insurance sector is often top-notch. The sector is able to make plenty of bank on its underwriting and the delicious float from its investments. One of the best could be insurer Chubb (NYSE:CB).CB is a multi-line insurer and has operations that span pretty much every sub-category of insurance. This includes property and casualty, accident and health, reinsurance, and life insurance. Chubb does it all and it does so across the globe.What's great about that multi-line approach is the CB is surprisingly profitable. Chubb takes a real hands-on approach to its underwriting- especially when it comes to reinsurance and insuring property/casualty lines for businesses. This has allowed it to have an amazing average combined ratio- a key metric of profitability in the insurance industry- that has come in 8.7 percentage points lower than many of its rivals over the last ten years. When you add in profits from its float investments, you have a real winner on your hands.This has continued to drive CB's dividend over its history. The firm has managed to raise its payout over the last 26 years straight. This includes a recent 3% bump at the beginning of the summer. With continued float gains and smart underwriting, Chubb should continue to keep the gains coming. * 7 Fantastic Fidelity Funds for a Range of Investors For investors, insurance is as boring as they come. But Chubb makes a great stock to buy for years of steady gains. Mondelez International Inc (MDLZ)Source: Shutterstock It turns out, the boring world of cookies, crackers and chewing gum provides perfect ballast to the market's gyrations. That's wonderful news for former Kraft-Heinz (NYSE:KHC) spin-out Mondelez International (NYSE:MDLZ).MDLZ features some of the world's biggest brands in snack foods like Oreo's, Nabisco and Cadbury candy. What's great is that snack foods blend the line between being a staple and discretionary item. This allows them to have slightly higher margins than say, toilet paper. However, demand for these sorts of items stays pretty steady. Better still is that MDLZ is able to pass on price increases relatively easy onto consumers. This has helped boost DLZ's results in recent quarters.But Mondelez has plenty of growth in the tank as well. The firm has continued to expand into higher-margined healthy snacks as well as emerging markets. And the firm has started to seriously consider adding cannabis to many of its foods as legalization approaches. Given its huge brand portfolio, this could be a major revenue driver in the future.With a great combination of steady-like demand and plenty of growth potential, MDLZ could be a wonderfully boring stock to buy for this summer.As of this writing, Aaron Levitt did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Blue-Chip Stocks to Buy for a Noisy Market * 5 Strong Buy Biotech Stocks for the Second Half * 6 Stocks Ready to Bounce on a Trade Deal Compare Brokers The post 5 Boring Stocks to Buy This Summer appeared first on InvestorPlace.
Mondelēz International Inc. said it's buying a majority interest in San Diego-based Perfect Snacks, maker of the Perfect Bar. Deerfield, Illinois-based Mondelēz (Nasdaq: MDLZ) said the Perfects Snacks acquisition adds "a great complement to our existing portfolio that expands our leadership across broader snacking." Mondelēz said earlier this year that it plans on worldwide domination of the snacking industry. “We have a unique combination of structural advantages and a strategic plan that positions us to lead the future of snacking," said CEO Dirk Van de Put, speaking at the 2019 Consumer Analyst Group of New York (CAGNY) Conference earlier this year.
Mondelez International Inc. said late Wednesday it has agreed to buy a majority interest in Perfect Snacks, a maker of refrigerated nutrition bars. Terms of the deal were not disclosed. Perfect Snacks had about $70 million in revenue last year and "strong" double-digit growth year-on-year, Mondelez said. Mondelez, the maker of Oreo cookies, Milka chocolate and other snack brands, said it plans to run Perfect Snacks as a separate business "in order to nurture its entrepreneurial spirit and maintain the authenticity of the brand." The deal is expected to close later this summer, the company said. Shares of Mondelez were flat in the extended session Wednesday after the stock ended the regular session up 0.9%.
Mondelēz International today announced an agreement to acquire a majority interest in Perfect Snacks®, a pioneer in the fast-growing refrigerated nutrition bars segment. With a loyal consumer base and increased distribution in U.S. retailers, the Perfect Snacks product range has recently expanded from the original Perfect Bar®, to include exciting innovations like Perfect Kids™ Refrigerated Snack Bars and Perfect Bites™ Refrigerated Protein Snacks. “We have a mission to lead the future of snacking by offering the right product, for the right moment, made the right way,” said Glen Walter, Executive Vice President and President, North America, for Mondelēz International.
Stifel hosted Mondelez International Inc (NASDAQ: MDLZ) CFO Luca Zaramella and IR Shep Dunlap for meetings with investors, which resulted in "increased confidence" in the company's ability to grow sales and profits. Mondelez's 90% product exposure to the snack category and 40% geographical exposure to emerging markets is "starting to shine through," Growe wrote in a note.
The sugar market is volatile, but heavy price swings make for a smart investment if timed well with the markets and if individual companies perform.
Mondelēz International announced today it is investing $6 million in its Reading Science Centre in the UK to support the development of new chocolate, biscuit and candy products, serving over 150 different countries. The Reading Science Centre is currently home to over 290 scientists, chemists, food technologists and other specialists.
Mondelez International Inc NASDAQ/NGS:MDLZView full report here! Summary * Perception of the company's creditworthiness is positive * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is extremely low for MDLZ with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting MDLZ. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold MDLZ had net inflows of $3.24 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator. MDLZ credit default swap spreads are decreasing and near the lowest level of the last three years, which indicates improvement in the market's perception of the company's credit worthiness.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Mondelez (MDLZ) is progressing well with productivity savings and portfolio-strengthening initiatives. However, adverse currency fluctuations are a concern.
Retailer Commemorates NUTTER BUTTER Sandwich Cookies' 50 th Anniversary with Exclusive Peanut Butter Cookie-flavored Lattes, Filled Donuts, Plus Free Cookies on National Peanut Butter Cookie Day IRVING, ...
Brand invites consumers to join in their birthday celebration with Nostalgic Pack Designs, Creative Content, Consumer Sweepstakes and Nutty Collaboration EAST HANOVER, N.J. , June 12, 2019 /PRNewswire/ ...
No matter what the FDA decides with regard to cannabidiol as a food or beverage additive, it'll have little bearing on consumers or investors.
Hedge funds and other investment firms run by legendary investors like Israel Englander, Jeffrey Talpins and Ray Dalio are entrusted to manage billions of dollars of accredited investors' money because they are without peer in the resources they use to identify the best investments for their chosen investment horizon. Moreover, they are more willing to […]
DEERFIELD, Ill., June 06, 2019 -- Mondelēz International, Inc. announced that Luca Zaramella, Chief Financial Officer, will present at Deutsche Bank Global Consumer Conference.
Hershey (HSY) has been undertaking buyouts to augment portfolio strength. Also, the company is well on track with its Margin for Growth program.
Mondelez (MDLZ) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.