16 Promising Stocks in Messy Industries
Premium exclusive: These undervalued wide- and narrow-moat stocks with stable and positive moat trends should be able to withstand the headwinds their industries face.
When it comes to investing, uncertainty can be opportunity.
Few market segments face more uncertainty today than "Big Food." The segment grapples with fast-changing consumer tastes. Packaged-food makers are experiencing fierce competition in the center-of-store aisles, with brand names losing their luster as smaller competitors emerge and consumers increasingly favor fresh items. Lukewarm results and bland growth prospects characterize the segment today--and many of the stocks have gotten hammered. Campbell Soup (CPB) and General Mills (GIS) are down more than 25% each this year as of this writing; JM Smucker (SJM), The Hershey (HSY) and PepsiCo (PEP) have all seen double-digit declines.
Susan Dziubinski does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.