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Why Mondelez Thinks Oreos Can Be the Coca-Cola of Cookiedom

Por: MarketWatch Business February 25, 2023

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Mondelez stock is in the black, if fractionally, over the past year, putting it ahead of peers tracked by the exchange-traded fund. At $66, it’s up more than 11% since Barron’s recommended it in late October. Although cheaper than packaged-goods companies and many consumer-staples peers, Mondelez trades at just under 21 times forward earnings, compared with less than 18 times for the . Oreo revenue jumped to $4.2 billion last year, from $2.9... + full article



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