Gainy app creates stock lists and categories based on the NASDAQ Composite and current market information. There is a pool of companies that are always on the list of food stocks to buy now. For example, companies from the S&P 500 that are stable and present on the market for many years.
Top food stocks to invest in are based on the current state of the economy, where we expect high inflation. It means that prices will go up, including for food. But since food is one of the essentials of our living, people might cut on extra spendings like new clothes or devices, but it’s barely possible to spend less money on food. So the food sector will not be hurt as much as a few others. The list of food companies below is diversified with agriculture companies, beverage producers as well as some plant-based options.
Food companies’ stocks that seem to outperform the industry are KraftHeinz Company (NYSE:KHC), Coca-Cola (NYSE:KO), B&G Foods (NYSE:BGS), Bunge (NYSE: BG) and Beyond Meat (NYSE:BYND).
So below you can see the list of the best food stocks to buy now.
The Kraft Heinz Company is the third-largest food and beverage company in North America and fifth largest in the world. It owns world famous brands like Heinz, JELL-O, Philadelphia, Lunchables and many others. In the last four quarters, the company has beat estimated EPS each time.
The Coca-Cola Company manufactures, retails, and markets nonalcoholic beverage concentrates and syrups, as well as alcoholic beverages. Some of the brands are Fanta, Sprite, MinuteMaid, Fuze Tea, Dasani, and SmartWater. Coca-Cola is one of the oldest Dividend Aristocrats and is valued by many conservative investors for this.
B&G Foods is an American holding company for branded foods founded in 1889 to sell pickles, relish and condiments. Since then the company has been growing it’s portfolio to more than 50 brands like Crisco, Green Giant, Ortega and others.
Bunge is a global agribusiness and food company. The main specialization is oilseeds and grain crops for the production of protein flour. Bunge also produces sugar and ethanol from sugarcane, wheat, corn and fertilizers. The company is traded at around a 20% discount considering its EV/EBITDA.
Beyond Meat is a Los Angeles-based producer of plant-based meat substitutes founded in 2009. After a very successful IPO in 2019 the company managed to scale up to 80 countries. Buying this company is an investment into a more sustainable and healthy future.
Gainy is a stock screener app that can become your handy guide to the world of investing. We offer you the most suitable stocks to own, depending on your investing goals and interests.
The app allows you to create personalized collections such as the best food stocks, USA Fintech, or Mid-cap stocks. Our analytic toolkit provides each customer with customized information and shows just the stocks they can potentially be interested in. In-app functionality and filters offer the possibility to arrange and customize all needed data in one place. The powerful search helps to find out everything about food sector stocks, ETF, cryptocurrency, investment idea, and collections that users like to invest in.
Gainy website is all about education. We know that traders always need information, so we created FAQ, Knowledge Base, and Blog. FAQ allows users to get any brief details on the market and stocks; any “How to” & “What if” questions are here. Knowledge Base givesis guidance filled with relevant knowledge that is always in demand. Our blog contains the latest market updates and information all traders worldwide can be interested in.
We know that successful investment is always about the knowledge of which food stocks to buy and when. So the in-app function analyzes and highlights customized information depending on personal goals, finance possibilities, and risk profile, and recommends suitable categories, stocks, ETF’s or cryptocurrencies to invest in.
Updates & fluctuations focus on the latest market situation, global changes, and their analysis. Investors should understand market trends and move along with them to make profits.
In share market trend analysis, it’s essential to pick the sector and collect all the needed data. Traders take external and internal information that affects the sector and attempt to predict the direction the market moves.
There are some points an investor should understand:
- How to check if a stock market trend is valid?
- What are three data points?
- Is the trend long-lasting?
In the beginning, investors do not always understand the sense behind the stock market trading trend and cannot consider all the nuances, and here robotic apps can help. Gainy automatically analyzes all the data an investor needs and offers the best possible solutions to profit.