Foodmakers gain from better efficiency

MONDELEZ INTERNATIONAL INC. $48 (Nasdaq symbol MDLZ; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 1.4 billion; Market cap: $67.2 billion; Price-to-sales ratio: 2.7; Dividend yield: 2.2%; TSINetwork Rating: Above Average; makes cookies and crackers (Oreo, Ritz), chocolate bars (Cadbury, Toblerone), gum and candy (Trident, Dentyne) and… Read More

Q: Hi, Pat. I am a longtime Inner Circle member and I would like your opinion on two Vanguard consumer ETFs—VDC and VCR. Thanks.

A: Vanguard Consumer Discretionary ETF, $159.56, symbol VCR on New York, aims to track the MSCI US IMI Consumer Discretionary 25/50 Index. That index follows U.S. consumer discretionary companies. Those firms, in the manufacturing and service industries, are highly sensitive to economic cycles. The manufacturing… Read More

Tap into expanding food demand

Consumers spend about $5 trillion per year on food worldwide. That amount should continue to rise steadily as the global population further expands and household incomes increase. The best food companies will take advantage of opportunities to widen their profits as consumers eat more outside… Read More

Mondelez has an overlooked asset

One key to our success is that we look for stocks with hidden or under- appreciated assets. In Mondelez’s case, it recently turned its minority stake in a European coffee maker into a significant holding in Keurig Dr Pepper. It’s the seventh-largest food and beverage… Read More