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investor appetiteYahoo Finance
•74% Informative
The investor appetite for big food stocks is as thin as I was back in the mid-1980s .
Investors are in search of faster-growth stocks ahead of a prolonged stretch of Fed rate cuts.
The companies are still too big inside an investing world that's no longer rewarding the conglomerate model.
Consumers are angry at Big Food for its pricing strategies and are voicing their views by purchasing less.
"A household income below $ 100,000 feels pressure in a way that they might not have a few years ago ," McMillon says.
"Some of the more stubborn inflation has been in the prepared foods, dry grocery type, consumable categories, like paper goods, cleaning supplies," he says.
VR Score
69
Informative language
65
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20
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English
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38
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short-lived
External references
6
Source diversity
6
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