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Nestlé S.A. (NESN.SW)
| Previous close | 96.62 |
| Open | 96.70 |
| Bid | 95.38 x 0 |
| Ask | 95.40 x 0 |
| Day's range | 95.36 - 96.80 |
| 52-week range | 89.52 - 113.28 |
| Volume | |
| Avg. volume | 4,277,473 |
| Market cap | 249.896B |
| Beta (5Y monthly) | 0.29 |
| PE ratio (TTM) | 22.55 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 3.00 (3.10%) |
| Ex-dividend date | 22 Apr 2024 |
| 1y target est | N/A |
- Barrons.com
Buy Nestlé Stock. Despair Is Turning to Hope.
The world’s largest food company has been a sleeping giant. It’s waking up—making its shares attractive once again.
- Reuters
Nestle's Nescafe to invest $196 million in Brazil by 2026 to tap surging demand
Nestle plans to invest 1 billion reais ($196.5 million) in Brazil by 2026 to expand production capacity and out-of-home sales of its Nescafe lines, targeting younger consumers, executives told Reuters. The Nescafe brand, which was first created in Brazil to sell instant coffee, today has a broader range of products. "We are at a time of expanding consumption of premium coffee, and that is making coffee consumption more sophisticated in Brazil," Valeria Pardal, head of Nestle brand Cafe Nestle, said in an interview.
- Insider Monkey
Reasons for the Decline of Nestle (NSRGY)
The London Company, an investment management company, released “The London Company Large Cap Strategy” first quarter 2024 investor letter. A copy of the same can be downloaded here. During 1Q, U.S. stocks made significant gains due to steady economic growth, decreasing inflation, and a slightly weaker labor market, increasing the likelihood of a soft landing. […]
