Take a Bite: This Snack Giant Is a Safe-Haven Stock Worth Buying
MDLZMondelez International(MDLZ) MarketBeat·2024-08-02 20:15

Mondelez International TodayMDLZMondelez International68.31−0.04 (−0.0668.31 -0.04 (-0.06%) 52-Week Range60.75▼77.20DividendYield2.4977.20Dividend Yield2.49%P/E Ratio21.69Price Target79.06Add to WatchlistWith sector rotation upon us, it is time for investors to take a more significant bite out of safe-haven names like Mondelez NASDAQ: MDLZ. The rotation is due to the recent inflation data and FOMC policy statement, which were sell-the-news events. They are sell-the-news events because they signal a shift in policy that will lead to easing ec ...