Oreo cookies are simple, sweet, and nearly universally loved — and shares of Mondelez, the maker of said cookies, should be too, Teresa Rivas says in this week’s edition of Barron’s. Mondelez sells Chips Ahoy! cookies, Clif Bars, and Cadbury chocolate, among other products around the globe. Nearly three-quarters of its business is from outside the U.S., with about 40% from emerging markets. It’s that exposure to EM that has helped Mondelez become one of the more consistent snack companies, the author notes.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on MDLZ:
- Mondelēz International to Present at CAGNY Conference on February 20
- Mondelez International Appoints New Independent Board Member
- Mondelēz International Declares Regular Quarterly Dividend of $0.425 per share
- Mondelēz International Appoints Brian McNamara to Board of Directors
- Mondelez appoints McNamara to board of directors
