London, England, 2nd July 2021, ZEXPRWIRE – The food sector is made up of businesses that specialize in selling food and non-alcoholic beverages. Grocery shops, food distribution firms, and other businesses that sell consumer basics that people eat, or drink are included. It excludes restaurant companies, which are cyclical in nature since people eat out less during economic downturns. The S&P Food & Beverage Select Industry Index, which includes firms that sell alcoholic drinks, is the finest representation of food stocks.

According to ManCapitalGroup broker, these are the best food stocks, according to a growth model that rates businesses based on a 50/50 weighting of their most recent quarterly year-over-year percentage sales growth and earnings-per-share (EPS) growth. Sales and profitability are both important aspects in a company’s success.

Fastest Growing Food Stocks

As a result, evaluating companies only on the basis of one growth indicator exposes them to accounting errors (such as changes in tax legislation or restructuring costs) that may make one or both of the statistics unrepresentative of the company as a whole. Companies with a quarterly EPS or sales gain of more than 2,500 percent were considered outliers.

  • Sanderson Farms Inc.

Sanderson Farms manufactures and sells fresh and frozen chicken products, as well as prepared foods. The firm sells to retailers, wholesalers, and fast-food restaurants all throughout the United States.

  • The Very Good Food Co. Inc.

Canada-based The Very Good Food Company creates, manufactures, and distributes plant-based meat alternatives. Customers throughout the United States and Canada are served by the firm. By collaborating with meal kit producer Fresh Prep in June, the business launched its first step into food services. Very Good Food’s goods will be featured in the meal kits and recipes as part of the collaboration.

In 2020, the worldwide meal kit delivery service industry was estimated to be worth more than $10 billion. Because it generated negative EPS in Q1 2021, the firm does not appear in the EPS growth column above.

  • Hostess Brands Inc.

Hostess Brands is a packaged food company. The firm creates, produces, sells, and distributes a wide range of packaged sweets across the United States.

  • The Alkaline Water Company Inc.

In the United States, The Alkaline Water Company Inc. develops, distributes, and promotes bottled alkaline water. It also sells flavored alkaline water in a bottle. Based on the previous year’s closing price of $1.01 per share and year-to-date price of $1.42 per share, The Alkaline Water Company Inc. stock has gained 40.59 percent since the start of 2021. The company’s market capitalization increased from $0 million to $125.57 million within the same time period.

  • Willamette Valley Vineyards

Willamette Valley Vineyards, Inc. is a winery in Oregon that makes and distributes wine both domestically and abroad. Willamette Valley Vineyards, Inc. (WVVI) is a Beverages Production and Distribution firm located in Oregon, OR. It is part of the Consumer Non-Durables industry. Willamette Valley Vineyards’ shares finished the previous year at $6.37 per share.

The stock price has hit $13.72 per share as of June 18, 2021, indicating a change of 115.38 percent, placing the business among the top performing Beverages stocks for the year 2021 to date. The company’s market capitalization was $31.62 million at the end of previous year.

As of this article, it has changed to $68.11 million. Willamette Valley Vineyards remains a prominent stock market index member, including the Wilshire 5000 index and numerous other larger level multi-cap market indicators.

  • Coca-Cola Bottling Consolidated

Coca-Cola Bottling Co. Consolidated is a nonalcoholic beverage manufacturer, marketer, and distributor that was founded on April 8, 1980. In the United States, the company is an independent Coca-Cola bottler.

Coca-Cola Bottling Co. Consolidated (COKE) was successful in achieving YTD returns of 50.04 percent during the provided months of the year 2021, helping it win the number four place on the list of the best performing stocks that created the highest returns during the year 2021 to date. The stock of Coca-Cola Bottling Consolidated, located in North Carolina, NC, ended at $266.27 per share in December of the previous year, and it traded at $399.51 per share on June 18, 2021. During the same YTD time, the company’s market valuation increased from $2.5 billion to $3.75 billion.

It is a significant component of major indexes such as the Wilshire 5000 index and a number of other multi-cap market indicators at a larger level. The company is part of the Consumer Non-Durables industrial category, with a specialty in Beverage Production and Distribution.

  • Ambev

Ambev SA, originally known as Inbev Participacoes Societarias SA, is a brewing firm located in Brazil. Beer carbonated soft drinks (CSDs), and various non-alcoholic beverages are produced and sold by the company. Ambev S.A. (ABEV), a business in the Consumer Non-Durables category located in Brazil, is the eighth highest performing stock in the Beverages sector.

Ambev’s stock price, which is classified as the Beverages Production and Distribution company, finished the previous year at $3.06 per share and reached $3.69 per share on June 18, 2021, representing a 20.59 percent increase in stock price. The company’s market capitalization is $58.07 billion as of this writing.

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