Reported about 6 hours ago
The stock market's interest in major food companies is dwindling due to factors like shrinkflation, consumer dissatisfaction with pricing strategies, and ineffective growth strategies among conglomerates. Investors are gravitating towards faster-growth sectors, leaving traditional food brands like General Mills, PepsiCo, and Hormel struggling to attract attention as they face ongoing inflation and changing consumer behaviors. Despite some recent acquisitions, these companies seem slow to adapt, ultimately diminishing their appeal as reliable investments.
Source: YAHOO