5 Most Profitable Food Stocks

In this piece, we will take a look at the five most profitable food stocks. For more food companies, head on over to 13 Most Profitable Food Stocks.

5. McDonald’s Corporation (NYSE:MCD)

Trailing Twelve Month Net Income: $6.1 billion

Number of Hedge Fund Holders in Q4 2022: 57

McDonald’s Corporation (NYSE:MCD) is one of the biggest fast food retailers in the world. The firm had more than forty thousand restaurants all over the world as of December 2021 and it is headquartered in Chicago, Illinois.

McDonald’s Corporation (NYSE:MCD) is currently experimenting with plant based meat, as it looks at the future. The firm has already started to roll out plant based nuggets at its German restaurants. 57 of the 943 hedge funds part of Insider Monkey’s Q4 2022 survey had owned a stake in the firm.

McDonald’s Corporation (NYSE:MCD)’s largest investor is Ray Dalio’s Bridgewater Associates which owns 1.5 million shares that are worth $416 million.