Looking for strong Consumer Staples stocks? Let’s take a look at Mondelez (MDLZ) and how it’s performing compared to its peers in the sector. Mondelez is one of 193 stocks in the Consumer Staples sector, currently ranked #14 in the Zacks Sector Rank. The Zacks Rank, which focuses on earnings estimates and revisions, gives Mondelez a ranking of #2 (Buy). Analyst sentiment for MDLZ is positive, with a 1.7% increase in full-year earnings estimate in the past quarter.
Year-to-date, Mondelez has returned 2.1%, outperforming the average return of 1.9% for Consumer Staples companies. Another standout in the sector is Marine Harvest ASA (MHGVY), which has returned 6.4% so far this year. With a Zacks Rank #1 (Strong Buy) and a 6.9% increase in consensus EPS estimate over the past three months, Marine Harvest ASA is one to watch.
Mondelez belongs to the Food – Miscellaneous industry, currently ranked #160 in the Zacks Industry Rank. While the industry has gained an average of 2.5% year-to-date, Mondelez is slightly underperforming. Investors interested in the Consumer Staples sector should keep an eye on Mondelez and Marine Harvest ASA as they strive to maintain their strong performance.