In this article, we will look at the 10 Best Sugar Stocks to Buy According to Hedge Funds.
On February 20, Chris Verrone, Strategas chief market strategist, appeared on CNBC’s ‘Money Movers’ to talk about how to consider the reaction from the SCOTUS decision on Trump’s tariffs. The Supreme Court ruled against Trump’s global tariffs in a 6-3 decision, and Verrone was of the view that this was the expected outcome, and that the market’s reaction to an expected outcome is usually to yawn through it. According to him, what’s going to be more important in the coming 4, 6, 8, 12 weeks is how the discretionary starts to respond.
READ ALSO: 10 Best Pet Stocks to Buy According to Hedge Funds AND 11 Best Natural and Organic Food Stocks to Buy Now.
He opined that we went into 2026 with a well-formed narrative about why discretionary spending should be really good here, with a backdrop featuring tax refunds, stimulus, and, potentially, what we saw today with tariffs. Whether discretionary would be able to respond to all that in the next number of months would be an important question, according to Verrone, as to how the market perceives the economy moving forward. Therefore, he is of the view that discretionary spending could tell us about the market’s perception of the economy.
He further stated that he is usually skeptical when there is a fully formed narrative before the stocks actually move, as it is typically the other way around in this business. He is, therefore, a bit struck that maybe the response of the discretionary is a bit more modest than what you might expect here.
With these market trends in view, let’s look at the best sugar stocks to buy according to hedge funds.
Our Methodology
We sifted through the Finviz stock screener and financial media reports to compile a list of the best stocks associated with the sugar industry, and selected the top 10 most popular among elite hedge funds as of Q3 2025. We sourced the hedge fund data from Insider Monkey’s database. The stocks are ranked in ascending order of hedge fund sentiment.
Note: All data was recorded on February 21.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).
10 Best Sugar Stocks to Buy According to Hedge Funds
10. Ingredion Incorporated (NYSE:INGR)
Number of Hedge Fund Holders: 29
Ingredion Incorporated (NYSE:INGR) is one of the best sugar stocks to buy according to hedge funds. On February 18, Barclays reaffirmed a Hold rating on Ingredion Incorporated (NYSE:INGR) and set a price target of $128. The rating update came after Ingredion Incorporated (NYSE:INGR) announced on February 11 that its Board of Directors unanimously elected Jim Zallie, President and CEO, to assume the additional role of chairman of the board, effective immediately.
In another development, UBS raised the price target on Ingredion Incorporated (NYSE:INGR) to $124 from $119 on February 5, maintaining a Neutral rating on the shares. BMO Capital also adjusted the price target on Ingredion Incorporated (NYSE:INGR) to $120 from $123 on February 4, keeping a Market Perform rating on the shares and telling investors that fiscal Q4 results missed consensus estimates. This reflects weaker profits in the Texture & Healthful Solutions segment, according to the firm.
The same day, Barclays raised the price target on Ingredion Incorporated (NYSE:INGR) to $128 from $124 while maintaining an Equal Weight rating on the shares. The rating update came after the company’s fiscal Q4 report, with the firm telling investors that the results were affected by continued headwinds associated with a facility outage.
Ingredion Incorporated (NYSE:INGR) is a global ingredients solutions provider that transforms fruits, vegetables, grains, and other plant-based materials into value-added ingredient solutions for several markets, including food, beverage, animal nutrition, brewing, and industrial markets. It is involved in the sugar reduction and sugar alternatives domains. The company’s products are primarily derived from the processing of corn and other starch-based materials, including rice, potato, and tapioca. It operates through four segments: North America, South America, Asia-Pacific, and Europe, the Middle East and Africa (EMEA).
9. Bunge Global SA (NYSE:BG)
Number of Hedge Fund Holders: 33
Bunge Global SA (NYSE:BG) is one of the best sugar stocks to buy according to hedge funds. Bunge Global SA (NYSE:BG) received several rating updates by analysts on February 5. JPMorgan lifted the price target on the stock to $130 from $117 and maintained an Overweight rating on the shares. UBS also raised the price target on Bunge Global SA (NYSE:BG) to $145 from $108, reaffirming a Buy rating on the stock and telling investors that the company reported a fiscal Q4 earnings beat and provided conservative guidance.
Stephens also lifted the price target on Bunge Global SA (NYSE:BG) to $130 from $115 on February 5 and maintained an Overweight rating on the shares. It stated in a post Q4 note that with a demonstrated track record of execution and multiple earnings growth levers ahead, the firm continues to like the company “even at these levels”.
In another development, BMO Capital lifted the price target on Bunge Global SA (NYSE:BG) to $130 from $110 on February 5 while maintaining an Outperform rating on the shares.
Bunge Global SA (NYSE:BG) is a global agribusiness and food company and has historically been involved in sugarcane processing and ethanol production. Its Milling segment operates businesses that sell wheat flour, bakery mixes, and corn-based products. Through its Refined and Specialty Oils segment, Bunge Global SA (NYSE:BG) sells vegetable oils and fats, including cooking oil, specialty ingredients, and more.
