Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Stocks like Vital Farms, Inc. (VITL), Pilgrim's Pride Corporation (PPC) and Ingredion Incorporated (INGR) are poised to benefit from the jump in in online grocery sales.
Brokers have deeper insights into stocks and macroeconomic factors. So, one must follow broker rating upgrades to pick stocks like Ingredion (INGR), YETI Holdings (YETI), Dutch Bros (BROS), Heritage Insurance (HRTG) & Genpact (G).
Here is how Ingredion (INGR) and New York Times Co. (NYT) have performed compared to their sector so far this year.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Ingredion (INGR) came out with quarterly earnings of $2.87 per share, beating the Zacks Consensus Estimate of $2.53 per share. This compares to earnings of $2.32 per share a year ago.
Ingredion saw a strong performance in 2023, with sales and earnings increasing significantly. The company reduced net debt and improved operating margins, leading to a strong bottom line result. Unfortunately, the company has relied largely on price hikes, resulting in volume declines in recent years.
Plant-based stocks have seen somewhat of a decline in recent months, but the long-term outlook remains promising. The concept of plant-based eating is no novelty and has been around for centuries.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Mondelez, Conagra Brands, Lamb Weston and Ingredion have been highlighted in this Industry Outlook article.
The Zacks Food-Miscellaneous industry players have been benefiting from prudent pricing and brand-building strategies amid inflation and volume concerns. Mondelez International (MDLZ), Conagra Brands (CAG), Lamb Weston (LW) and Ingredion Incorporated (INGR) look well-positioned.
Investors with an interest in Food - Miscellaneous stocks have likely encountered both Ingredion (INGR) and Celsius Holdings Inc. (CELH). But which of these two companies is the best option for those looking for undervalued stocks?