5 Vegan Stocks Billionaires Are Loading Up On

In this article, we will take a look at the 5 vegan stocks billionaires are purchasing. If you want to read our detailed analysis of the industry and its growth prospects, go to the 10 Vegan Stocks Billionaires Are Loading Up On.

5. Conagra Brands, Inc. (NYSE:CAG)

Number of Billionaire Investors: 12

Dollar Value of Billionaire Holdings: $228,368,369

Number of Hedge Fund Holders: 34

Conagra Brands, Inc. (NYSE:CAG) is a Chicago, Illinois-based food company that owns and operates a variety of brands. The company produces a diverse range of food items, including frozen meals, snacks, canned goods, and condiments.

Some of the company’s brands, such as Healthy Choice, Gardein, and Earth Balance, offer vegan options and products that are specifically designed for plant-based diets. The sales of the meat-substitute Gardein brand have risen from $40 million in FY19 to $151 million in FY22. Click here to read Conagra Brands, Inc.’s (NYSE:CAG) earnings call transcript for Q3 2023.