Considering investing in specialty food stocks? While the best specialty food stocks depend on your portfolio and investment goals, we've identified some specialty food stocks that are worth keeping an eye on in the health food sector. Keep reading to learn more about specialty food stocks and how to start investing.
8 popular specialty food stocks to watch
We round up a selection of stocks in or related to the health 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 |
|---|---|---|---|---|---|
| Sprouts Farmers Market LLC (SFM.US) | -43.91% | $8.2 billion (USD) | NASDAQ | 1,514,168 | Buy now |
| Beyond Meat (BYND.US) | -72.16% | $445.3 million (USD) | NASDAQ | 77,682,486 | Buy now |
| The Hain Celestial Group (HAIN.US) | (data unavailable) | $96.9 million (USD) | NASDAQ | (data unavailable) | Buy now |
| Lifeway Foods (LWAY.US) | 1.62% | $377.4 million (USD) | NASDAQ | 32,044 | Buy now |
| SunOpta (STKL.US) | (data unavailable) | $447.5 million (USD) | NASDAQ | (data unavailable) | Buy now |
| Amazon-com (AMZN.US) | 5.36% | $2.5 trillion (USD) | NASDAQ | 35,495,058 | Buy now |
| United Natural Foods (UNFI.US) | 37.23% | $2.3 billion (USD) | NYSE | 1,617,625 | Buy now |
| Burcon NutraScience Corporation (BU.TO) | -12.50% | $22.3 million (CAD) | Toronto Stock Exchange | 16,907 | Buy now |
What to look for when investing in specialty food stock
The health food industry is affected by a range of complex factors such as trade policies, regulations, and fluctuating supply and demand. So when considering specialty 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 specialty food stock
- Research the health food industry. Before investing, learn about the specialty 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 specialty food stock(s) to buy. Search by company name or ticker symbol, like SFM or BYND. 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 specialty food stocks
Are specialty food stocks a good investment?
While it's possible to turn a profit investing in specialty food stocks, keep in mind that—like any investment—specialty food stocks are not immune to risk. These stocks are subject to fluctuating conditions both in the market and in the health food industry, so carefully vet your picks before you invest.What are the best specialty food stocks?
A lot of factors go into picking the best specialty food stocks. Stock performance can be impacted by factors like market conditions, company decisions and global events. Plus, what may be a strong specialty food stock investment for one person might not be suitable for another.
That said, we rounded up this list of popular specialty food stocks in or related to the health food industry to help narrow down your options:
- Sprouts Farmers Market LLC (SFM)
- Beyond Meat (BYND)
- The Hain Celestial Group (HAIN)
- Lifeway Foods (LWAY)
- SunOpta (STKL)
- Amazon-com (AMZN)
- United Natural Foods (UNFI)
- Burcon NutraScience Corporation (BU)
Keep in mind that this is not a "best" list or a recommendation. It highlights some specialty 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 specialty food stock below. Keep reading to decide if any of these companies are the right investment for you.
Sprouts Farmers Market LLC (SFM)
Sprouts Farmers Market, Inc. , together with its subsidiaries, engages in the retailing of fresh, natural, and organic food products in the United States. The company offers perishable product categories, including produce, meat and meat alternatives, seafood, deli, bakery, floral, and dairy and dairy alternatives; and non-perishable product categories, such as grocery, vitamins and supplements, bulk items, frozen foods, beer and wine, and natural health and body care.
| Closing stock price | $85.10 |
|---|---|
| Market Capitalization | $8.2 billion |
| Gross profit (TTM) | $3.4 billion |
| Profit margin | 5.93% |
| Revenue (TTM) | $8.7 billion |
| Earnings per share (TTM) | $5.16 |
| 52-week stock price range | $75.75 – $182.00 |
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.
| Closing stock price | $1.25 |
|---|---|
| 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 |
The Hain Celestial Group (HAIN)
The Hain Celestial Group, Inc. manufactures, markets, and sells organic and natural products in the United States, United Kingdom, Europe, and internationally. The company offers infant formula; infant and toddler formula, infant cereals, baby food pouches, snacks and frozen toddler and kids' foods; plant-based beverages such as soy, rice, oat, cashew and spelt; and condiments, as well as meat-free dishes and meals.
| Market Capitalization | $96.9 million |
|---|---|
| Gross profit (TTM) | $327 million |
| Profit margin | -34.69% |
| Revenue (TTM) | $1.5 billion |
| Earnings per share (TTM) | -$5.90 |
| 52-week stock price range | $1.01 – $8.54 |
Lifeway Foods (LWAY)
Lifeway Foods, Inc. produces and markets probiotic-based products in the United States and internationally. The company's primary product is drinkable kefir, a cultured dairy product in various organic and non-organic sizes, flavors, and types.
| Closing stock price | $24.79 |
|---|---|
| Market Capitalization | $377.4 million |
| Gross profit (TTM) | $58.1 million |
| Profit margin | 5.47% |
| Revenue (TTM) | $204.1 million |
| Earnings per share (TTM) | $0.74 |
| 52-week stock price range | $19.50 – $34.20 |
SunOpta (STKL)
SunOpta Inc. engages in the manufacture and sale of plant and fruit-based food and beverage products in the United States, Canada, and internationally. It provides plant-based beverage products, including oat, almond, soy, coconut, rice, hemp, and other bases under the Dream and West Life brands names; oat-based creamers under the SOWN brand name; ready-to-drink protein shakes; packaged teas and concentrates; meat and vegetable broths and stocks; and nut, grain, seed, and legume-based beverages.
| Market Capitalization | $447.5 million |
|---|---|
| Gross profit (TTM) | $118.2 million |
| Profit margin | 0.16% |
| Revenue (TTM) | $792.4 million |
| Earnings per share (TTM) | $0.04 |
| 52-week stock price range | $3.32 – $8.05 |
Amazon-com (AMZN)
Amazon. com, Inc. engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally.
| Closing stock price | $232.38 |
|---|---|
| Market Capitalization | $2.5 trillion |
| Gross profit (TTM) | $346 billion |
| Profit margin | 11.06% |
| Revenue (TTM) | $691.3 billion |
| Earnings per share (TTM) | $7.09 |
| 52-week stock price range | $161.38 – $258.60 |
United Natural Foods (UNFI)
United Natural Foods, Inc. , together with its subsidiaries, engages in the distribution of natural, organic, specialty, produce, and conventional grocery and non-food products in the United States and Canada. It operates in three segments: Natural, Wholesale, and Retail.
| Closing stock price | $33.32 |
|---|---|
| Market Capitalization | $2.3 billion |
| Gross profit (TTM) | $4.2 billion |
| Profit margin | -0.37% |
| Revenue (TTM) | $31.8 billion |
| Earnings per share (TTM) | -$1.95 |
| 52-week stock price range | $20.78 – $43.29 |
Burcon NutraScience Corporation (BU)
Burcon NutraScience Corporation, together with its subsidiaries, provides plant-based proteins for the food and beverage industry in Canada. The company offers peas, which includes Peazazz, a pea protein for use in dairy alternatives; and canola protein, which comprises meat alternatives, egg alternatives, non-dairy frozen desserts, ready-to-mix beverages, whipped toppings and nutrition bars, and other concentrated protein supplements. It also provides soy that includes soy protein, a protein replacement for dairy proteins in food or in products, such as protein shakes, power bars, soups and sauces, meat alternatives, and breads and baked goods; and CLARISOY for sports nutrition beverages, citrus-based drinks, fruit-flavoured beverages, lemonades, powdered beverage mixes, and in various non-beverage plant-based applications.
| Closing stock price | C$1.75 |
|---|---|
| Market Capitalization | C$22.3 million |
| Gross profit (TTM) | C$-3,957,950 |
| Revenue (TTM) | C$803,708 |
| Earnings per share (TTM) | -C$2.24 |
| 52-week stock price range | C$1.60 – C$5.00 |
Compare trading platforms to buy specialty 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 specialty 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 specialty 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 health food industry to know when to buy, sell or hold.Frequently asked questions about specialty food stocks
Sources
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