Ukraine War and Sanctions Could Affect These 5 US Stocks

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

Food company Mondelez is also in the limelight as analysts believe the company is under pressure because of its exposure to Russia and Ukraine. The company is a leading chocolate maker in Russia. In 2013, its Russian subsidiary posted revenue of 55.2 billion rubles, up 13.1% year-on-year.

Michael Lavery, a Senior Research Analyst at Piper Sandler & Co., said in a recent note that Russia accounted for about 10% to 11% of Mondelez International’s European Union (EU) segment, and approximately 3% of its total sales in 2022.

As of the end of the fourth quarter of 2021, 40 hedge funds in the database of Insider Monkey had stakes in Mondelez.