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5 Top Food Stocks to Add to your Portfolio ASAP

5 Top Food Stocks to Add to your Portfolio ASAP

September 23
00:00 2020

Healthy and Environmentally Friendly Plant Based Food Options Are Appealing to a Growing Base of Educated Consumers

Regardless of what you want to call it, these 5 companies are taking advantage of the move to meatless alternatives, with serious potential to make a lot of money for investors in the long run:

  • Beyond Meat (NASDAQ:BYND)
  • Global Diversified Marketing Group (OTCMKTS:GDMK)
  • Kellogg (NYSE:K)
  • Mondelez International (NASDAQ: MDLZ)
  • Tyson Foods (NYSE:TSN)

As a result of changes in consumer tastes, companies have invested a total of $16 billion in plant-based meat, egg and dairy products. Let’s look at how stockholders can make that money work for them.

On to the Top 5:

Global Diversified Marketing Group Inc (OTC: GDMK) 

  • GDMK is moving to add all new plant based gourmet snack food choices to the company’s already successful product lines. Market trends are clearly demonstrating that health and environment conscious consumers are actively seeking plant-based food choices today as it has now been established that such alternatives can offer significant benefits to individual wellbeing and the environment in general. Global Diversified Marketing Group is responding to this new awareness in consumers with plans to launch the company’s first plant-based gourmet snack options in the first quarter of 2021.

At this time plans are being worked out with co-packers and other marketing associates to decide on the best possible specific product choices. Immediate emphasis will be on gourmet cookies and snacking bars, two of Global Diversified’s bestselling lines. Initial marketing will be via the company’s established sales division, partner store sites as well as eCommerce channels including Amazon.com, the world’s largest retailer. 

  • GDMK is on track to do 2 Million In revenues this year
  • GDMK is a well Established Food Producer Serving North American & Europe.
  • Amazon.com Sales have Soared 151 Percent in the Last 30 Days Exceeding Expectations with an Increase of Over 451 Percent in the Last 12 Months
  • GDMK partners with Ruttensteiner to distribute its folio of products in Austria and European Union markets.
  • Relationships include Lidl, Hofer, Spar, Rewe Austria, Migros and Aldi
  • Signed Agreement with Distribution Partner, Grocery Outlet, an Emerging High-Growth Industry Leader.
  • New Secured Distribution to Bring Premium Food Products into Homes Throughout the USA.  
  • Attractive Share Structure with Only 13 Million OS. 
  • GDMK Secures New Distribution by Expanding into Restaurant Depot Stores Nationwide

About Global Diversified Marketing Group

Headquartered in Island Park, NY – Global Diversified Marketing Group Inc operates as a global multi-line consumer packaged goods (“CPG”) company with branded product lines and is a food and snack manufacturer, importer and distributor in the United States, Canada, and Europe. The Company operates in the snacks market segment and offers Italian Wafers, Italian filled Croissants, French Madeleines, Wafer Pralines, shelf-stable Macarons, and other gourmet snacks. The company sells its products directly through various distribution channels comprising specialty, grocery retailers, food-service distributors, direct store delivery (“DSD”) as well as the vending, pantry, and the micro-market segment. For more information on GDMK visit the company’s website at: https://360worldsnacks.com/

Mondelez International (NASDAQ: MDLZ)

Though hardly a household name itself, Mondelez International owns plenty of brands that are, from Oreo to Toblerone. In recent months, Mondelez made a splash, and considerable profits, as more people sought out stress-managing sweet and salty snacks during the COVID-19 pandemic. The company’s Q1 revenue soared 15.1% in the North American market, showing it’s well-positioned to grow even under the stress of a major downturn.

While Mondelez’s ability to stay profitable during an economic crisis is a plus for investors — especially given the possibility the coronavirus will spike again in autumn — there are plenty of longer-term reasons to consider adding to one’s position in the cookie, candy, and cracker producer, too.

At first glance, Mondelez’s total revenue figures appear to be stalled. Total revenue for 2016 was $25.9 billion, while in 2019 the metric came in at $25.8 billion. The years in between varied by only a few million dollars. A closer look, however, reveals the company’s operating margin, aka return on sales, has grown over the years, from approximately 8% in 2009 to roughly 10.5% in 2017 and over 14% in recent quarters.

Mondelez is continuing to improve its return on sales through an ongoing strategy of lowering input costs and streamlining its distribution. The net income available to shareholders has grown from $1.6 billion in 2016 to $3.8 billion in 2019, raising diluted earnings per share from $1.05 to $2.65 over the same period.

Mondelez has also provided reliable dividends for many years. According to charts published as part of the company’s presentation at the 2020 Consumer Analyst Group of New York conference, organic net revenue and several other important metrics are flourishing:

Beyond Meat (NASDAQ:BYND)

The IPO success of Beyond Meat (NASDAQ:BYND) The plant-based food company went public on May 1, 2019, at $25 a share, selling 11.1 million units of its stock for net proceeds of $252 million, including the underwriters’ over-allotment. Three months later on Aug. 2, 2019, insiders sold 3.3 million shares at $160 per share. The company sold 250,000 shares to the public, raising $36.8 million in net proceeds.

The company wisely waived the 180-day lock-up period for its main investors so that they could cash out a portion of their shares while they were up almost six-fold.

Beyond Meat’s Q1 2020 net revenues increased 141% year-over-year to $97.1 million, while its gross profit improved to $37.7 million (38.8% gross margin), for a net profit of $1.8 million, a 127% increase over the same period last year.

More importantly, on March 11, 2020, Beyond Meat rolled out its new Beyond Breakfast Sausage product. With 33% fewer calories than a leading brand of pork sausage patties, these are bound to be a hit with health-conscious consumers.

According to Nielsen, 98% of consumers who buy plant-based meat, also buy animal meat. In fact, the Plant Based Foods Association suggests plant-based meat sales increase by 23%, on average, when put in the meat department rather than the vegetable section.  The “vegan wave” is now the flexitarian wave.

Tyson Foods (NYSE:TSN)

Originally invested in Beyond Meat in 2016, buying 5% of the plant-based meat company. It upped its stake at the end of 2017 as part of a $55 million investment round.

Unfortunately for Tyson shareholders, the company didn’t make it to the ball, selling its shares in April 2019 for an undisclosed amount after Tyson CEO Noel White decided the company would create its own plant-based protein line. Tyson’s brand is called Raised & Rooted.

It competes with Beyond Meat. However, while its chicken nugget product is meatless, its burger contains Angus beef as well as pea protein isolate.

According to TSN’s chief marketing officer, “While most Americans still choose meat as their primary source of protein, interest in plant and blended proteins is growing significantly.”

By November of last year, Raised & Rooted products had made it into 7,000 stores across the U.S., almost double the number of stores carrying the brand in August.

Despite the increased rollout, Tyson didn’t make reference to Raised & Rooted in either its Q2 2020 10-Q or quarterly conference call with analysts.

However, Tyson did mention Raised & Rooted in its 2019 Sustainability Report, which was released on May 27, 2020.

Kellogg (NYSE:K)

When most people think of Kellogg, the first thing that comes to mind is likely cereal: Special K, Frosted Flakes, Mini-Wheats, etc. However, it has owned a vegetarian food brand called MorningStar Farms since acquiring the business in 1999.

The company sells over 90 million pounds of faux meat a year, with about one-third of that volume in fake burgers and the remaining two-thirds from other products such as chicken and sausage alternatives. Estimates suggest that MorningStar generates $450 million in annual revenue, about 1.3 times the $355 million Beyond Meat has sold over the trailing 12 months.  

Beyond Meat is valued at 22 times sales. If MorningStar Farms were given the same valuation, it would be worth $10 billion to Kellogg, about 41% of the company’s current market cap. 

And it’s clear that Kellogg is aware of MorningStar Farm’s potential. The big question is whether management is smart enough to take advantage of the popularity of meatless products.

On April 30, 2020, Kellogg announced on its quarterly conference call that it had delayed the launch of its “Incogmeato” burgers from the end of the first quarter to sometime in the second half of the year due to the novel coronavirus. The burgers will now be launched at the same time as its new plant-based sausage products later in 2020.

DISCLAIMER: CorporateAds.com (CA) is a third-party publisher and news dissemination service provider. CA is NOT affiliated in any manner with any company mentioned herein. CA is news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. CA’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release or opinion of the writer. CA is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. CA has been compensated $2,000.00 & 12,000 Rule 144 of GDMK for this release and owns and no others equities mentioned herein.

Disclaimer/Safe Harbor:

This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company’s current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies’ contracts, the companies’ liquidity position, the companies’ ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.

Contact Detail:

Company Name: Global Diversified Marketing Group Inc
Contact Person: Media Relations
Email: Send Email
Phone No: 1-800-550-5996
Address: 4042 Austin Blvd Suite B,
Country: United States
Website Url: https://360worldsnacks.com/

Source: https://kjnewswire.com/6776/5-top-food-stocks-add-your-portfolio-asap

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