Mondelez International, Inc. Class A (0R0G.L) Stock Analysis & Winston Score

Mondelez International makes snacks and candy that billions of people eat every day. Its most famous brands include Oreo cookies, Cadbury chocolate, Toblerone, Ritz crackers, and Trident gum. The company sells to grocery stores, convenience stores, and retailers around the world, making it one of the largest snack food companies on the planet. Mondelez earns money by selling packaged snacks directly to retailers and distributors, who then sell them to consumers. It operates in over 150 countries, with strong sales in both developed markets like the US and Europe and fast-growing emerging markets like India and Brazil. Its moat comes from owning deeply familiar brand names that shoppers reach for out of habit. The main risk the company faces is the rising cost of ingredients like cocoa and sugar, which has been squeezing profit margins — cocoa prices in particular hit historic highs in 2024, putting pressure on earnings.