Today, we are looking at Nabisco stock and answering the question, is it publicly traded?
Read on to learn more about Nabisco.
Contents
Introduction
Nabisco is a famous North American food manufacturer that specializes in creating cookies and snacks.
The company is headquartered in New Jersey and was founded in the year of 1898.
With dozens of famous cookie and cracker brands already available on the market, we are going to look at whether it’s possible to invest in Nabisco.
Nabisco was founded about 125 years ago and has long served as one of the leading snack manufacturers in the United States.
The company is known for creating Chips Ahoy, Oreo cookies, Honey Maid, Wheat Thins, and several other famous cookies and crackers.
Nabisco is owned by a parent organization, Mondelez International and Kraft Foods.
Let’s take a closer look at the parent company to understand how traders might be able to invest in Nabisco.
Has Mondelez International Always Been Nabisco’s Parent Company?
Mondelez is famous for its snack food brands that it has acquired over the years.
The parent company of Nabisco is headquartered in Chicago, Illinois. During the 2020 calendar year, Mondelez generated more than $26 billion in gross revenue.
At this time, Nabisco is among the large number of subsidiaries that Mondelez has.
During the summertime of the 2000 calendar year, Mondelez International purchased and acquired Nabisco for nearly 19 billion dollars.
The deal was finalized on June 27th, 2000, and Nabisco became a major subsidiary of Mondelez.
Nabisco had great success as a subsidiary of Mondelez International.
The acquisition took place more than two decades ago and continues to have a positive benefit for Mondelez.
Traders can directly invest in Mondelez International (MDLZ) through the NASDAQ, where the stock is trading at approximately 64 dollars per share in August of 2022.
Nabisco Revenues
During the 2020 calendar year, Nabisco generated about 26 billion dollars in gross revenue. This earnings report was 3% higher than the previous year and showed that Nabisco continued to grow.
With revenues growing and the company steadily generating additional gross revenue every year, some investors may be influenced to purchase Nabisco’s parent company stock. Mondelez International is listed on the NASDAQ and can be purchased during normal trading hours.
The only way to indirectly invest in Nabisco is to invest in Nabisco’s parent company, which happens to be Mondelez International.
Nabisco continues to dominate the snack food industry.
The 2022 calendar year will likely be an improvement in terms of gross revenue.
The steady increase in sales shows Mondelez and Nabisco are extremely consistent and competitive in their snack food sector.
Popular snack foods like Oreo Cookies and Ritz Crackers are a major reason the company does so well.
Consumers continue to buy large amounts of these snack foods without batting an eye.
Despite harsh economic conditions like inflation, Mondelez International’s common stock has grown nearly 50% over the last five years.
As of August 2022, Mondelez’s stock is only down about 2%, while the NASDAQ Composite index is down 18.8% year-to-date.
It’s always a good sign to investors when revenues are growing.
Many investors have expressed confidence in the bright future that Mondelez and its subsidiaries have.
Snack foods are more popular than ever, and consumers have shown that they are still willing to purchase their favorite brands of cookies and crackers.
Short-term revenues are growing, and the longer-term outlook is also positive.
How To Invest In Nabisco
As we’ve mentioned, there’s no direct Nabisco stock symbol on any stock exchange.
The only way to invest in Nabisco is to buy the parent company’s stock.
By investing in Mondelez International, you are investing in Nabisco and several other subsidiaries that Mondelez has acquired.
Mondelez finalized its deal to acquire Nabisco in June of 2000 and started launching new brands and flavors in the following years.
Mondelez International is available to trade on the NASDAQ and provides investors with an indirect investment opportunity for Nabisco.
With 26.5 billion in gross revenue during 2020’s financial year, it’s possible that Mondelez International could reach 30 billion in annual revenue in the coming years.
Traders should consider purchasing Mondelez common stock if they are eager to invest in Nabisco.
- Mondelez International purchased Nabisco in June of 2000.
- Nabisco is home to famous snack brands like Oreo, Ritz, and Chips Ahoy.
- Mondelez is headquartered in Chicago, while Nabisco is headquartered in New Jersey.
While it can be frustrating to purchase Nabisco’s parent company to gain exposure to Nabisco, it’s better than not having an opportunity to invest.
If Nabisco’s parent company was privately held, it would be impossible to make any sort of investment.
Similar Investment Opportunities
Some investors may be interested in a couple of alternative investment opportunities.
You may want to consider these investments if you don’t want to invest in Mondelez International’s common stock.
General Mills
Some investors might like the idea of investing in General Mills.
This famous food producer has its company shares listed on the New York Stock Exchange.
General Mills is headquartered in Minneapolis and generated more than 17 billion in revenue during the 2020 calendar year.
Some of the company’s most famous brands include Cheerios, Chex Mix, and Betty Crocker.
General Mills was founded in 1928 and has been around for nearly a century.
The company’s stock is currently trading for about 77 dollars per share in August of 2022.
Tyson Foods
Tyson Foods is another major player in the food sector of the American economy.
This is an appealing investment to some traders with more than 130,000 employees and more than 43 billion in gross revenue during the 2020 calendar year
Foods was founded in 1935 in the region of Springdale, Arkansas.
Traders can purchase shares for Tyson Foods at approximately $79.50 as of August 2022.
Tyson Foods has generally been very reliable in terms of growth but has lost about 10% of its value so far in the 2022 calendar year.
Hershey Co.
Hershey is well known for its chocolate snacks and candy products.
While it is not a direct competitor of Nabisco’s products, it could still be an appealing investment.
The Hershey Company generated more than $8 billion in gross revenue during the 2019 calendar year.
The company has an estimated 17,000 employees and was founded back in 1894 in Pennsylvania.
It is hard to pass on the opportunity to invest in any of these companies, but the truth is that Nabisco’s parent company may be a better choice in the long run.
Mondelez International owns Nabisco and has proven that its products are still very much in demand, despite the economy struggling in 2022.
Stock Price for Nabisco in 2022?
Does Nabisco have a stock price? After being acquired in June of 2000, Nabisco’s parent company does have a stock price in 2022.
Traders can purchase Mondelez International’s common stock in 2022.
The stock was trading at 64 dollars in August of 2022 and has strongly performed compared to other similar companies in the same sector.
By investing in Mondelez International, you will gain exposure to Nabisco’s products and several other subsidiaries.
The list includes subsidiaries like Cadbury, Chipita, and Freia.
Even if you are not interested in purchasing Mondelez International shares, many great alternatives might also appeal to you.
General Mills, Tyson Foods, and Hershey Co. are only a few of the alternative investment opportunities that might be appealing to you.
Final Summary | Nabisco Stock
Nabisco has been around since 1898 and continues to be an iconic brand in grocery stores around the United States.
The future for a brand like Nabisco is positive, even though the national economy is struggling to fight factors like inflation and debt.
Investors will have to settle with the opportunity to indirectly invest in Nabisco by purchasing Mondelez International shares since Nabisco is not independently listed on the stock market.
Future revenues and earnings reports are expected to be very impressive as Nabisco and Mondelez International find new ways to reach consumers.
The good news is that the demand for their famous Nabisco products hasn’t dropped, even with higher prices from inflation.
The next five years are projected to be very exciting for Nabisco, but there could still be headwinds in the economy that steer investors away from this brand.
Only time will be able to tell whether Nabisco and Mondelez International can overcome the current economic obstacles that stand in their way.
We hope you enjoyed this article on Nabisco stock.
If you have any questions, please send an email or leave a comment below.
Trade safe!
Disclaimer: The information above is for educational purposes only and should not be treated as investment advice. The strategy presented would not be suitable for investors who are not familiar with exchange traded options. Any readers interested in this strategy should do their own research and seek advice from a licensed financial adviser.
