Considering investing in packaged food stocks? While the best packaged food stocks depend on your portfolio and investment goals, we've identified some packaged food stocks that are worth keeping an eye on in the convenience food sector. Keep reading to learn more about packaged food stocks and how to start investing.
9 popular packaged food stocks to watch
We round up a selection of stocks in or related to the convenience food industry, weighting the list more heavily towards popular mid- and large-cap stocks.
| Best stock | 1-year return | Market cap | Exchange | Volume | Buy now on CIBC Investor's Edge |
|---|---|---|---|---|---|
| Beyond Meat (BYND.US) | (data unavailable) | $445.3 million (USD) | NASDAQ | (data unavailable) | Buy now |
| Campbell’s (CPB.US) | (data unavailable) | $9.1 billion (USD) | NYSE | (data unavailable) | Buy now |
| General Mills (GIS.US) | (data unavailable) | $25.2 billion (USD) | NYSE | (data unavailable) | Buy now |
| ConAgra Foods (CAG.US) | (data unavailable) | $8.5 billion (USD) | NYSE | (data unavailable) | Buy now |
| Hormel Foods Corporation (HRL.US) | (data unavailable) | $12.8 billion (USD) | NYSE | (data unavailable) | Buy now |
| Kraft Heinz (KHC.US) | (data unavailable) | $30 billion (USD) | NASDAQ | (data unavailable) | Buy now |
| Kellanova (K.US) | (data unavailable) | $28.9 billion (USD) | NYSE | (data unavailable) | Buy now |
| PepsiCo (PEP.US) | (data unavailable) | $203.6 billion (USD) | NASDAQ | (data unavailable) | Buy now |
| Nestle SA ADR (NSRGY.US) | (data unavailable) | $256.2 billion (USD) | PINK | (data unavailable) | Buy now |
What to look for when investing in packaged food stock
The convenience food industry is affected by a range of complex factors such as trade policies, regulations, and fluctuating supply and demand. So when considering packaged food stocks to buy, it's important that you have access to vital information about a company's financial health, leadership team, and market positioning.
Also keep in mind that, while volatility can be ideal for day traders, long-term investors will want to look for stocks to offer steadier gains over time.
How to invest in packaged food stock
- Research the convenience food industry. Before investing, learn about the packaged food stock sector, its trends and the companies within it. Look at each company's financial health, potential for growth and past performance to identify stocks that fit your investment goals.
- Choose a stock trading platform. Compare trading fees, access to trading tools and user interface options. We've identified reliable trading platforms to help narrow down your options below or check out the best stock trading apps in Canada to find one that suits your needs.
- Open and fund your account. Sign up with your personal details and link a bank account or funding method to deposit money before you start trading.
- Select the packaged food stock(s) to buy. Search by company name or ticker symbol, like BYND or CPB. Compare key metrics such as market cap, price history and earnings per share to pick the best stock for your strategy.
- Buy the stock and monitor performance. Place your order to buy the stock and track its performance over time. Consider setting alerts, signing up for industry newsletters or using platform research tools to stay up to date on market changes.
Our top picks for where to buy packaged food stocks
Are packaged food stocks a good investment?
While it's possible to turn a profit investing in packaged food stocks, keep in mind that—like any investment—packaged food stocks are not immune to risk. These stocks are subject to fluctuating conditions both in the market and in the convenience food industry, so carefully vet your picks before you invest.What are the best packaged food stocks?
A lot of factors go into picking the best packaged food stocks. Stock performance can be impacted by factors like market conditions, company decisions and global events. Plus, what may be a strong packaged food stock investment for one person might not be suitable for another.
That said, we rounded up this list of popular packaged food stocks in or related to the convenience food industry to help narrow down your options:
- Beyond Meat (BYND)
- Campbell’s (CPB)
- General Mills (GIS)
- ConAgra Foods (CAG)
- Hormel Foods Corporation (HRL)
- Kraft Heinz (KHC)
- Kellanova (K)
- PepsiCo (PEP)
- Nestle SA ADR (NSRGY)
Keep in mind that this is not a "best" list or a recommendation. It highlights some packaged food stocks for informational purposes only and does not indicate past or future performance or investment advice. We do not guarantee any investment performance.
We've outlined detailed company and stock performance details for each packaged food stock below. Keep reading to decide if any of these companies are the right investment for you.
Beyond Meat (BYND)
Beyond Meat, Inc. , a plant-based meat company, engages in the development, manufacture, marketing, and sale of plant-based meat products under the Beyond brand name in the United States and internationally. The company sells a range of plant-based meat products that replicates beef, pork, and poultry meats.
| Market Capitalization | $445.3 million |
|---|---|
| Gross profit (TTM) | $28.8 million |
| Profit margin | -81.81% |
| Revenue (TTM) | $290.6 million |
| Earnings per share (TTM) | -$3.17 |
| 52-week stock price range | $0.50 – $4.95 |
Campbell’s (CPB)
The Campbell's Company, together with its subsidiaries, manufactures and markets food and beverage products in the United States and internationally. It operates through Meals & Beverages, and Snacks segments. The Meals & Beverages segment engages in the retail and foodservice businesses in the United States and Canada.
| Market Capitalization | $9.1 billion |
|---|---|
| Gross profit (TTM) | $3.2 billion |
| Profit margin | 5.87% |
| Revenue (TTM) | $10.3 billion |
| Earnings per share (TTM) | $2.01 |
| 52-week stock price range | $29.03 – $44.20 |
General Mills (GIS)
General Mills, Inc. manufactures and markets branded consumer foods worldwide. The company operates through four segments: North America Retail; International; Pet; and North America Foodservice.
| Market Capitalization | $25.2 billion |
|---|---|
| Gross profit (TTM) | $6.6 billion |
| Profit margin | 15.24% |
| Revenue (TTM) | $19.2 billion |
| Earnings per share (TTM) | $5.29 |
| 52-week stock price range | $45.80 – $65.04 |
ConAgra Foods (CAG)
Conagra Brands, Inc. , together with its subsidiaries, operates as a consumer packaged goods food company primarily in the United States. The company operates in four segments: Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice.
| Market Capitalization | $8.5 billion |
|---|---|
| Gross profit (TTM) | $2.9 billion |
| Profit margin | 7.42% |
| Revenue (TTM) | $11.5 billion |
| Earnings per share (TTM) | $1.77 |
| 52-week stock price range | $16.60 – $27.05 |
Hormel Foods Corporation (HRL)
Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and other food products to foodservice, convenience store, and commercial customers in the United States and internationally. It operates through three segments: Retail, Foodservice, and International segments. The company provides various perishable products that include fresh meats, frozen items, refrigerated meal solutions, bacons, sausages, hams, and guacamoles; and shelf-stable products comprising canned luncheon meats, nut butters, snack nuts, chili, shelf-stable microwaveable meals, hash, stews, tortillas, salsas, tortilla chips, nutritional food supplements, and others.
| Market Capitalization | $12.8 billion |
|---|---|
| Gross profit (TTM) | $2 billion |
| Profit margin | 6.26% |
| Revenue (TTM) | $12.1 billion |
| Earnings per share (TTM) | $1.37 |
| 52-week stock price range | $21.03 – $32.44 |
Kraft Heinz (KHC)
The Kraft Heinz Company, together with its subsidiaries, manufactures and markets food and beverage products in North America and internationally. Its products include condiments and sauces, cheese and dairy products, meals, meats, refreshment beverages, coffee, and other grocery products under the Kraft, Oscar Mayer, Heinz, Philadelphia, Lunchables, Velveeta, Ore-Ida, Maxwell House, Kool-Aid, Jell-O, Heinz, ABC, Master, Quero, Kraft, Golden Circle, Wattie's, Pudliszki, and Plasmon brands. It sells its products through its own sales organizations, as well as through independent brokers, agents, and distributors to chain, wholesale, cooperative, and independent grocery accounts; convenience, value, and club stores; pharmacies and drug stores; mass merchants; foodservice distributors; institutions, including hotels, restaurants, bakeries, hospitals, health care facilities, and government agencies; and c various e-commerce platforms and retailers.
| Market Capitalization | $30 billion |
|---|---|
| Gross profit (TTM) | $8.5 billion |
| Profit margin | -17.35% |
| Revenue (TTM) | $25.2 billion |
| Earnings per share (TTM) | -$3.71 |
| 52-week stock price range | $23.33 – $31.87 |
Kellanova (K)
Kellanova, together with its subsidiaries, manufactures and markets snacks and convenience foods in North America, Europe, Latin America, the Asia Pacific, the Middle East, Australia, and Africa. Its principal products consist of snacks, such as crackers, savory snacks, toaster pastries, cereal bars, granola bars, and bites; and convenience foods, including ready-to-eat cereals, frozen waffles, veggie foods, and noodles; and crisps. The company offers its products under the Kellogg's, Cheez-It, Pringles, Austin, Parati, RXBAR, Eggo, Morningstar Farms, Bisco, Club, Luxe, Minueto, Special K, Toasteds, Town House, Zesta, Zoo Cartoon, Choco Krispis, Crunchy Nut, Kashi, Nutri-Grain, Squares, Zucaritas, Rice Krispies Treats, Sucrilhos, Pop-Tarts, K-Time, Sunibrite, Split Stix, LCMs, Coco Pops, Krave, Frosties, Rice Krispies Squares, Incogmeato, Veggitizers, Gardenburger, Trink, Carr's, Kellogg's Extra, Müsli, Fruit "n Fibre, Kellogg's Crunchy Nut, Country Store, Smacks, Honey Bsss, Zimmy's, Toppas, Tresor, Froot Ring, Chocos, Chex, Guardian, Just Right, Sultana Bran, Rice Bubbles, Sustain, Choco Krispies, Melvin, Cornelius, Chocovore, Poperto, Pops the Bee, and Sammy the Seal brand names.
| Market Capitalization | $28.9 billion |
|---|---|
| Gross profit (TTM) | $4.5 billion |
| Profit margin | 10.08% |
| Revenue (TTM) | $12.7 billion |
| Earnings per share (TTM) | $3.66 |
| 52-week stock price range | $75.95 – $83.28 |
PepsiCo (PEP)
PepsiCo, Inc. engages in the manufacture, marketing, distribution, and sale of various beverages and convenient foods worldwide. The company operates through seven segments: Frito-Lay North America; Quaker Foods North America; PepsiCo Beverages North America; Latin America; Europe; Africa, Middle East and South Asia; and Asia Pacific, Australia and New Zealand and China Region.
| Market Capitalization | $203.6 billion |
|---|---|
| Gross profit (TTM) | $50.1 billion |
| Profit margin | 7.82% |
| Revenue (TTM) | $92.4 billion |
| Earnings per share (TTM) | $5.27 |
| 52-week stock price range | $125.14 – $156.98 |
Nestle SA ADR (NSRGY)
Nestlé S. A. , together with its subsidiaries, operates as a food and beverage company.
| Market Capitalization | $256.2 billion |
|---|---|
| Gross profit (TTM) | $42.4 billion |
| Profit margin | 11.34% |
| Revenue (TTM) | $90.9 billion |
| Earnings per share (TTM) | $4.97 |
| 52-week stock price range | $77.61 – $108.38 |
Compare trading platforms to buy packaged food stock
Compare special offers, low fees and a wide range of investment options among popular trading platforms in Canada. Note that the dollar amounts in the table below are in CAD.
Finder Score for stock trading platforms
To make comparing even easier we came up with the Finder Score. Trading costs, account fees and features across 10+ stock trading platforms and apps are all weighted and scaled to produce a score out of 10. The higher the score, the better the platform—it's that simple.
Bottom line
If you're considering adding packaged food stocks to your portfolio, make sure you thoroughly look into any companies before investing to help mitigate risk. We've compiled a list of packaged food stocks to help narrow down your options. Then choose a legitimate stock trading platform to start investing. After that it comes down to monitoring the convenience food industry to know when to buy, sell or hold.Frequently asked questions about packaged food stocks
Sources
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