Food Companies Scrutinized Amid GMO Controversy

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The bottom line

The packaged-food industry has recently been shaken up by a proposed law that requires the labeling of genetically modified foods or ingredients. Large companies such as General Mills, Inc. (NYSE:GIS) and ConAgra Foods, Inc. (NYSE:CAG) have expressed their opposition to the bill, amid challenging industry conditions as a result of shifting consumer preferences. To me, it seems like natural and organic-food chains such as Whole Foods Market, Inc. (NASDAQ:WFM) and Annies Inc (NYSE:BNNY) may be the better bet for the coming years.

The article Food Companies Scrutinized Amid GMO Controversy originally appeared on Fool.com and is written by Daniel James.

Daniel James has no position in any stocks mentioned. The Motley Fool recommends Whole Foods Market. The Motley Fool owns shares of Whole Foods Market.

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