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15 handpicked stocks

Food Fight: Consolidation in the Packaged Goods Aisle

A carefully selected group of food companies positioned to benefit from the wave of industry consolidation. Following Ferrero's $3 billion acquisition of WK Kellogg, these stocks represent potential acquisition targets or strategic buyers looking to gain competitive scale in a rapidly changing market.

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Author avatar

Han Tan | Market Analyst

Updated 1 day ago | Published at July 11

Top Picks from This Group

Here are a few of the assets in this group. Create an account to unlock the full list.

MDLZ

Mondelez International, Inc.

MDLZ

Current price

$62.08

As a global snacking powerhouse, Mondelez is a potential major acquirer looking to expand its portfolio with synergistic brands.

HSY

Hershey Company, The

HSY

Current price

$177.99

A major confectionery player, Hershey could be an acquirer seeking to diversify its snack offerings or could itself be a target for a larger global en...

A major confectionery player, Hershey could be an acquirer seeking to diversify its snack offerings or could itself be a target for a larger global entity.

CAG

ConAgra Foods, Inc.

CAG

Current price

$19.17

With a diverse portfolio of established brands, Conagra is a classic example of a company that could be an attractive acquisition target for a larger ...

With a diverse portfolio of established brands, Conagra is a classic example of a company that could be an attractive acquisition target for a larger firm seeking scale.

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About This Group of Stocks

1

Our Expert Thinking

The packaged food industry is experiencing a major consolidation wave as companies seek to gain scale, enter new markets, and adapt to changing consumer preferences. Ferrero's acquisition of WK Kellogg signals more deals ahead, creating opportunities to invest in potential acquisition targets and strategic acquirers.

2

What You Need to Know

M&A activity often drives stock price volatility for both targets and acquirers. This collection offers a tactical, event-driven approach to capitalize on near-term opportunities in the food sector. These companies span the consumer staples value chain from ingredient suppliers to snack producers and diversified food giants.

3

Why These Stocks

These companies were selected for their strategic positioning in the ongoing "Food Fight." Some are established brands that could become takeover targets, while others are potential acquirers with the financial strength to make strategic moves. All are positioned to potentially benefit from industry consolidation.

12 Month Growth Potential

Use the growth calculator to see how much investing in these assets could return over one year.

If you invested across these assets:

in 12 months it could be worth:

$1,000.00

+29.94%

Group Performance Snapshot

29.94%

Average 12 Month Profit

On average, analysts expect assets in this group to grow 29.94% over the next year.

7 of 15

Stocks Rated Buy by Analysts

7 of 15 assets in this group are rated Buy by professional analysts.

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

Why You'll Want to Watch These Stocks

🔍

M&A Premium Potential

Companies that become acquisition targets often see their stock prices jump 20-30% when deals are announced. This collection identifies potential takeover candidates before they hit the headlines.

🍽️

Iconic Brands at a Crossroads

These household names are navigating changing consumer preferences and industry pressures, creating both challenges and opportunities. Strategic moves could unlock significant value for investors who get in early.

💼

Scale Matters More Than Ever

In today's competitive food industry, companies need scale to negotiate with powerful retailers and fund innovation. This consolidation trend is accelerating, potentially rewarding investors in companies positioned on either side of deals.

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