Here's Why Mondelez (MDLZ) Appears to be a Delectable Pick
Mondelez International(MDLZ) Zacks Investment Research·2024-04-08 23:20
Mondelez International, Inc. (MDLZ) is in great shape due to the strength of its core categories. The company has been undertaking regular innovation and efforts to reshape its portfolio to focus on growth areas. Apart from this, the Zacks Rank #2 (Buy) player has been benefiting from favorable pricing, which has been working well for its organic revenues.Management expects 2024 organic net revenue growth in the upper range of 3-5%. The company anticipates seeing higher pricing in various markets with notab ...