John Baumgartner talks Mizuho's consumer staples ratings, with buy ratings on Mondelez, BellRing Brands, and Simply Good Foods, and a neutral rating on Hershey. Mizuho maintains a buy rating on Mondelez following its 1Q results, with the company expecting now $200M in revenue headwinds from the impact of the war in Ukraine, as well as elevated costs for the remainder of the year. Tom White then looks at example trade in Mondelez and Hershey.
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