Connect with us

Hi, what are you looking for?

Jewish Business News


2 Top Food Stock Picks from Nelson Peltz

Nelson Peltz

Nelson Peltz’s Trian Fund has a huge stake in Mondelez (MDLZ) and a owns a significant number of shares in PepsiCo (PEP). Peltz, known to be an activist investor, has suggested dramatic changes at the companies, although two of his proposals have yet to be carried out. In January, Peltz became a member of the board of Mondelez and said it would create value if bought by PepsiCo. Neither company was excited about this proposed merger, and it wasn’t pursued. He also suggested a name change for Mondelez, which was spun off by Kraft in 2012, but that idea was also shelved. In addition, Peltz wanted to see PepsiCo spin off its snacks division, but CEO Inra Nooyi said, “These two categories are better together. Not just in the United States, but around the world.”

It is not inconceivable that Mondelez might get a takeover bid. Jim Cramer thought the company could be a good takeover for Coke to diversify beyond carbonated beverages, which are waning in popularity. If Mondelez does get bought, Trian Fund will be a major beneficiary, since Mondelez comprises 23% of the portfolio. Peltz purchased, 3, 861 additional shares in the second quarter, for a total of 41.47 million shares worth $1.86 billion.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at
Thank you.

Peltz owns 12.93 million shares of Pepsico worth $1.15 billion. The company is performing much better than its competitor Coke, and posted organic revenue growth of 3.6%, currency-adjusted EPS growth of 9% and raised its 2014 EPS guidance increase from 7% to 8%.



You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...


The Movie The Professional is what made Natalie Portman a Lolita.


After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.

Copyright © 2021 Jewish Business News