Fantasy Food Brand Draft!!! Pepsi, Hershey, Campbells, General Mills, Nestle, & More! Which Companies Can Turn their Stock Price Around? New Products or Spin Offs? Zac & Don Discuss their Picks!
Description
The Best Paragraph I've Read:
the big packaged food brands that dominated Americanpantries and refrigerators for decades are struggling as consumers spend less on brand-name cookies, spaghetti sauce and cream cheese. The companies are grappling with a number of stressors. Shoppers, feeling pinched by higher food prices over the past two years, are cutting back or trading down to less expensive private labels. Others areeschewing highly processed foods for healthier, more natural items. And the continued rise of weight-loss drugs like Ozempic are reducing cravings for sugary and salty snacks.
This paragraph comes from the New York Times. The article is titled: "As Consumers Lose Their Appetite, Food Brands Fight to Keep Wall St. Happy." The authors are Julie Creswell & Lauren Hirsch. You can read the full article here.
Zac & Don discuss the current plight of the large food brands that Americans have consumed for decades. They talk about some of the options that brands have at trying to grow again. Then Zac & Don have a fantasy food company draft with the following companies: Pepsi, Hershey, Campbells, Kraft/Heinz, General Mills, JM Smuckers, Mondelez, Conagra, and Nestle.
Zac's Picks: Hershey, Pepsi, Kraft/Heinz
Don's Picks: Nestle, Mondelez, Campbells
NPC Picks: General Mills, JM Smuckers, Conagra
In one year we will determine which set of three companies saw the biggest stock percentage increase.
Here is the spreadsheet keeping track of the competition. Both Zac & Don invested $100 equally among their three companies.
https://docs.google.com/spreadsheets/d/12ITjfJdOovZj3-0V3LA5Ph9YK5P31bcK-QhTFvktjsY/edit?usp=sharing
United States
