These 3 Stocks Win When You Snack
In November, Mondelez International (NASDAQ: MDLZ) released a first-of-its-kind study. Entitled the State of Snacking, it revealed that snacking is on the rise worldwide. Of course, it's not surprising at all that Mondelez would release such a report. The company has one of the world's largest snack portfolios, including Oreo, Ritz Crackers, and Nabisco.
Having acknowledged Mondelez's vested interest in snacks, the survey was performed by The Harris Poll on behalf of the company, which gives it more third-party credibility. It shows that 70% of millennials worldwide prefer snacking throughout the day rather than eating big meals, compared with 60% of other adults who feel the same way -- which means this is a rising trend.
PepsiCo (NASDAQ: PEP), Kellogg (NYSE: K), and (of course) Mondelez are three companies with the opportunity to capture this trend's upside, with their global reach and huge snack portfolios.
Source Fool.com
