億滋股票討論區

Since the beginning of this year, while AI stocks and Bitcoin continue to hit new highs, cocoa, the most important raw material for chocolate production have quietly skyrocketed by over 130%. The outstanding performance has even surpassed that of the former two, which has caught the attention of numerous hedge funds.
Notes: The daily price of cocoa refers to the active contract for New York cocoa futures, as of March 28th, 2024....

The demand for chocolate is resilient and has typically been considered an affordable luxury. However, its diminished affordability due to increased cocoa and sugar prices may lead consumers to reallocate spending on other, more affordable indulgences.

Mondelez International's profit boost due to unusual items may distort its true earnings power. Investors are advised to look beyond the statutory numbers. A warning sign for Mondelez International also warrants investor attention.

Despite the company's confidence in its position for sustainable growth, the slowing sales growth and forecast for 2024 indicate potential challenges ahead, particularly as consumers resist higher prices.

Inflation data may interest food companies like Starbucks, McDonald's, Tyson Foods, Hormel, Oatly, J.M. Smucker, and Cal-Maine Foods. Nestle, Hershey, Mondelez International, and McCormick might maintain margins due to stable prices in some categories.

Mondelez International's high P/E ratio may signal risk for shareholders as projected earnings growth does not sustain current prices, possibly impacting the share price.

CEO Dirk Van de Put is confident in Stephanie Lilak's ability to maintain Mondelēz International's growth-oriented culture with her vast HR leadership experience across several industries.

RBC holds that Mondelez's growth and margin performance are superior and should be suitably valued. Notably, they predict potential in Mondelez's retail expansion, M&A strategies, and promising shelf space. Given rising sugar/cocoa costs and a competitive market, RBC prefers Mondelez to Hershey.