Streetbeat News

NSRGY

Nestle SA

https://www.nestle.com/

CEO

Ulf Schneider

Open

99.26

Mkt cap

260B

Volume

49K

High

101.13

P/E Ratio

21.28

52-wk high

110.46

Low

99.07

Div yield

0.03

52-wk low

80.11

Procter & Gamble (P&G) reported a 1% drop in net sales for its fiscal 2025 first quarter, missing sales and net income estimates but exceeding adjusted profit estimates. Organic revenue grew 2% due to higher prices, but volume remained flat. P&G's volume grew in the U.S. but declined in China, particularly in hair and oral care. The company reiterated its fiscal 2025 guidance but faces challenges in both the U.S. and Chinese markets. Nestle also reported weak demand and adjusted its corporate structure.

Portfolio Pulse from Upwallstreet

October 18, 2024 | 9:54 pm

Amazon's July 2024 Prime Day set new sales records, with significant growth in Apple purchases and CELSIUS energy drinks topping the grocery category. Electronics sales declined, while beauty and personal care saw notable growth. Amazon's next event, Prime Big Deal Days, is expected to boost online retail growth.

Portfolio Pulse from Erica Kollmann

September 27, 2024 | 4:04 pm

Rep. Marjorie Taylor Greene has reported several stock transactions, including buying shares of CrowdStrike Holdings Inc., a stock also owned by Nancy Pelosi. This has raised concerns due to Greene's position on the Subcommittee on Cybersecurity, Information Technology, and Government Innovation. The news highlights the ongoing debate about whether Congressional members should be allowed to trade stocks.

Portfolio Pulse from Chris Katje

July 01, 2024 | 8:56 pm

Ben & Jerry's co-founders are not concerned about the impact of weight-loss drugs on their ice cream business, despite Unilever's plans to spin off its ice cream division. They believe ice cream is more about enjoyment than nutrition. Meanwhile, companies like Eli Lilly and Novo Nordisk are seeing increased demand for weight-loss drugs.

Portfolio Pulse from Benzinga Neuro

June 27, 2024 | 5:38 am

Nestlé SA has launched Vital Pursuit, a new food line aimed at users of GLP-1 weight loss medications, but will avoid mentioning the drugs on packaging to sidestep regulatory issues. Other companies like Herbalife, Coca-Cola, and Conagra are also targeting this market with varying strategies.

Portfolio Pulse from Vandana Singh

June 21, 2024 | 10:18 am

Beyond Meat Inc. (NASDAQ:BYND) shares are trading lower after a New York Post article discussed a study linking ultra-processed vegan foods to increased heart disease risk. The study, conducted by researchers from the University of São Paulo and Imperial College London, found that ultra-processed foods, including vegan options, can increase heart disease-related deaths. Other companies mentioned include PepsiCo, Kraft Heinz, Nestlé, and Kellogg.

Portfolio Pulse from Vaishali Prayag

June 11, 2024 | 7:41 pm

Nestlé has launched Vital Pursuit, a new line of foods designed to complement GLP-1 weight loss medications like Wegvoy and Zepbound. This move aims to address concerns that food companies might see reduced sales due to the popularity of these weight loss drugs. The new product line includes nutrient-rich, portion-controlled foods and will debut in Q4 at select retailers.

Portfolio Pulse from Vandana Singh

May 21, 2024 | 6:26 pm

Goldman Sachs highlights concerns over the U.S. stock market's heavy concentration in its largest tech stocks, suggesting a 'barbell approach' for investors to diversify. The top 10 U.S. stocks now represent 33% of the S&P 500 market cap, leading to market performance skew. The firm also sees investment opportunities in Japan and the healthcare sector, and highlights European GRANOLAS stocks for their lower valuations and solid performance.

Portfolio Pulse from Piero Cingari

March 11, 2024 | 2:38 pm

A new study suggests boiling drinking water can significantly reduce microplastics, impacting companies like Coca-Cola and PepsiCo, known for their bottled water brands. The presence of microplastics in various environments, including drinking water, has raised health concerns. The study, conducted by researchers from Guangzhou Medical University and Jinan University, found that boiling water can remove up to 90% of microplastics, depending on the water's mineral content. This discovery could influence consumer behavior towards bottled water and tap water treatment methods.

Portfolio Pulse from Natan Ponieman

February 29, 2024 | 8:41 pm

A group of 11 European stocks, dubbed 'Granolas' by Goldman Sachs, has outperformed the global market with lower volatility and higher yields compared to 'The Magnificent Seven' tech stocks. These companies, operating in sectors like healthcare, pharmaceuticals, luxury goods, consumer staples, industrial manufacturing, and software technology, offer advantages such as lower valuation multiples, higher dividend yields, and less volatility. Notable companies include GSK, Roche, ASML, Nestle, Novo Nordisk, Novartis, L'Oreal, LVMH, AstraZeneca, Sanofi, and SAP. For investors interested in these stocks, ETFs like the VanEck Pharmaceutical ETF (PPH) and Pacer Trendpilot European Index ETF (PTEU) are recommended.

Portfolio Pulse from Stjepan Kalinic

February 28, 2024 | 7:43 pm

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