MONDELEZ INTERNATIONAL INC Common Stock (MDLZ)

The snack part spinoff from Kraft (KRFT-Q). There are a few things that are really good about this company. The space is really a growth space, especially in emerging markets where they have a fairly good representation. His problem with the stock is its valuation. He finds it fully priced without a lot of room for growth. Also, there is some risk of capital.

An activist investor has made a lot of noise, criticizing them for the name of the company, among other things. There are probably positive changes coming on the horizon.

(Top Pick Oct 12/12, Up 26.38%) Kept this and sold KRFT-O when they split as this one had better growth potential.

A spinoff from Kraft (KRFT-Q), the grocery side and this one is the snack side. Have done well and they do especially well in emerging countries. The difficulty he has is that it is up against its upper-level from a valuation standpoint.

Likes this long-term. Very well-positioned for the expanding middle class in emerging markets. Their primary products are gum, candy, sweet biscuits. As GDP grows, she expects that consumers will want to consume more of those goods.

This is the international emerging markets story, which is why it is having the big growth. Trades at a big multiple. Prefers Unilever (UN-N).

This is the international side of Kraft (KRFT-Q). Have the #1 share in confectionery and #2 in gum. 44% in the emerging markets. Consumption of these products are quite low in emerging markets and as income levels grow, snacking categories increase. Good long-term Outlook.

You can buy on pullbacks below $30. The spin-off of Kraft in the international division. It has big exposure to the developing countries. The food industry is not a fast growing industry.

Would you choose Kraft (KRFT-Q) or Mondelez (MDLZ-Q)? Doesn’t follow these closely but does know that Mondelez is a consumer beverage. Probably the better play going forward is Kraft. Good sector to be in. He would probably take a profit on Mondelez and buy Kraft and then maybe staple on some Starbucks (SBUX-Q) as well.

Likes it. Great growth potential ahead.

Just sold his holdings but continues to hold Kraft (KRFT-Q). Last two quarters have not been home runs.

Kraft Foods (KRFT-Q) or Mondelez International (MDLZ-Q)? He owned Kraft originally and it spun off with the Kraft and Mondelez shares. Held them for a while. Recently sold off his Kraft position as he wants to sell off some of his consumer staple names and going to more cyclical. If you are looking for yield and dividend (close to 4%), Kraft will provide that. Mondelez touches on emerging markets with higher growth snacks businesses and you get a dividend of almost 2%.

2% dividend. This is the snack division of Kraft. He would pass on it. Prefers PEP.

Likes this one very much. He has a total return target of 18% of which capital is 16% and the dividend is roughly 2%. The leader in the confectionery area and emerging markets. Good, long-term hold.

This was a spin out from Kraft (KRFT-Q) and is supposed to be faster growing. He owns and hasn’t sold yet as he would like to see a few quarters before deciding. Valuation is a little bit pricey at 18X expected earnings.