New health trend
There’s a health trend entering food industry with RFK and most people now realizing chemicals are bad to eat.
At a time when markets are at all time highs and several indicators are starting to give warning signs, we’re going to be watching food stocks (consumer staples sector)
Big moves have been occurring in the space. There’s Ferrero buying Kellog and Kraft Heinz splitting off. Lamb Weston has been under pressure for over a year now and has had buyout rumours surrounding its name for a while. Pepsi beat earnings today so sentiment in the space is looking bullish.
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