What are the best food company stocks to buy now? If you are planning to invest money to food companies, Insider Monkey will give you great ideas. When it comes to stock investment, it’s easy to defend building a portfolio based at least somewhat heavily around food companies. After all, people buy clothes and spend money on entertainment and gadgets when times are good, but food is one of the few investments that is recession-proof. And for the most part, hedge funds agree that food companies are good to invest in, at least the ones that are great at what they do. The companies included in this list have the support of between 43 and 75 of the hedge funds in our database, which includes only 700 or so of the best hedge funds in the world. In addition, the combined value of hedge funds’ holdings in these companies amounts to $85.64 billion, so needless to say, they have high conviction in the success of these stocks.
Now without a further ado let’s see what Insider Monkey has investigated for us. We have picked three items for you from their list.
The first one is Syngenta AG (ADR)- Number of Hedge Funds With Positions (as of March 31, 2017) are 43. Aggregate Value of Hedge Funds’ Holdings (as of March 31, 2017): $1.44 billion. Syngenta AG (ADR) (NYSE:SYT) is a maker of agricultural seeds and pesticides, positioning it as a crucial part of the food market. Molson Coors Brewing Co is the second one in our list now. Number of Hedge Funds With Positions (as of March 31, 2017): 45. Aggregate Value of Hedge Funds’ Holdings (as of March 31, 2017): $1.88 billion. Molson Coors Brewing Co (NYSE:TAP) is the largest brewer in the U.S, owning beer brands such as Coors and Miller. The Coca-Cola Co is the last one for now. Number of Hedge Funds With Positions (as of March 31, 2017): 46. Aggregate Value of Hedge Funds’ Holdings (as of March 31, 2017): $19.28 billion. The Coca-Cola Co (NYSE:KO) is one of the biggest beverage companies in the world, with holdings in just about every non-alcoholic drink category in the market.
For any further interesting information read Insider Monkey’s article about 11 best food company stocks to buy now.