12 Best Food Stocks to Buy in 2026

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6. Mondelez International, Inc. (NASDAQ:MDLZ)

Number of Hedge Fund Holders: 50    

Analysts’ Upside Potential as of January 8: 23.76% 

Mondelez International, Inc. (NASDAQ:MDLZ) is among the Best Food Stocks.

On January 8, 2026, Mizuho reduced its price target for Mondelez International, Inc. (NASDAQ:MDLZ)  from $70 to $67 and retained an Outperform rating, as reported by TheFly. The modification was included in the company’s 2026 forecast for the food manufacturing industry. As noted by Mizuho, fierce competition has squeezed valuations, but healthy living growth is predicted to outperform in 2026. The firm also stated that there are few chances for a widespread valuation recovery due to poor fundamentals and high economic uncertainty.

Separately, on January 5, 2026, Wells Fargo analyst Chris Carey reduced the company’s price objective for Mondelez International, Inc. (NASDAQ:MDLZ) from $72 to $62. The analyst maintained an Overweight rating on the stock. Wells Fargo changed its price projections for 2026 as it gathered models from the Beverage, Food, Household, and Personal Care markets.

The stock is down by 0.06% YTD as of January 9, 2026.

 Mondelez International, Inc. (NASDAQ:MDLZ is one of the major players in the global snack market.

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