Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

Mondelez International / Equity Bottom-Up

<ul><li>Mondelez delivered a good result, surpassing Wall Street expectations in terms of revenues as well as earnings as a result of ongoing strength in both developed and emerging countries and significant profit dollar growth.</li><li>Volume remained stable compared to many other industries, with consumers sticking with their favorite and most dependable brands even as they implemented reasonable prices.</li><li>Its acquisition-led growth strategy has continued as the company closed the Clif Bar acquisition, creating an annual $1+ billion global snack bar business and also doubled its Mexico business with the Ricolino acquisition.</li></ul>

Mondelez delivered a good result, surpassing Wall Street expectations in terms of revenues as well as earnings as a result of ongoing strength in both developed and emerging countries and significant profit dollar growth.Volume remained stable compared to many other industries, with consumers sticking with their favorite and most dependable brands even as they implemented reasonable prices.Its acquisition-led growth strategy has continued as the company closed the Clif Bar acquisition, creating an annual $1+ billion global snack bar business and also doubled its Mexico business with the Ricolino acquisition.

Mondelez International Inc: Major Drivers

<ul><li>Mondelez International has been looking to strengthen its position in the snacking category and the recent $2.9 billion acquisition of Clif Bar is a key step in the process.</li><li>The company managed to deliver a strong result and an all-around beat with strong bottom and top-line performance growth in overall categories and regions.</li><li>These results, along with ongoing revenue growth management, simplification, and cost discipline, are delivering strong cash flow and robust profit dollar growth.</li></ul>

Mondelez International has been looking to strengthen its position in the snacking category and the recent $2.9 billion acquisition of Clif Bar is a key step in the process.The company managed to deliver a strong result and an all-around beat with strong bottom and top-line performance growth in overall categories and regions.These results, along with ongoing revenue growth management, simplification, and cost discipline, are delivering strong cash flow and robust profit dollar growth.

Mondelez International Inc.: The Clif Bar Acquisition & Other Drivers

Technical Analyst, Vermilion Research

Joe Jasper

Technical Analyst

Technical and Quantitative Research

Vermilion Research

Vermilion’s objective is to deliver timely, actionable, and unique technical research to professional investors through the application of our various technical indicators.

Our research strategists seek to highlight securities which we believe are at major inflection points, based on our various technical and quantitative indicators, and offer asymmetric risk/return profiles. Our unique research methodology, centered on relative strength, enables our strategists to deliver superior investment recommendations.

Our process begins by organizing the universe of actively traded stocks into discrete sectors, then into industry groups. We then apply our technical and quantitative tools to identify developing price trends. Once attractive trends are identified within a selected sector or group, we screen for individual stocks which we believe offer the best risk/reward profile. We provide a historical perspective that often reveals, through our long-term charts, how price patterns often repeat themselves over time.

Technical Analysis

Invesco QQQ Trust Series 1 / Technical Analysis

<ul>
<li>Following panic selling that we have outlined over the past month, we finally saw panic buying last Friday in the form of 92% upside volume on the NYSE.</li>
<li>There is hope that this panic buying could signal a major bottom, but we still need to see more confirmation before declaring that the low is in.</li>
<li>We are watching the Nasdaq 100 (QQQ) and the steep RS uptrends on Utilities (XLU) and Staples (XLP) for more confirmation that a major low is in place. Details below.</li>
</ul>


Following panic selling that we have outlined over the past month, we finally saw panic buying last Friday in the form of 92% upside volume on the NYSE.
There is hope that this panic buying could signal a major bottom, but we still need to see more confirmation before declaring that the low is in.
We are watching the Nasdaq 100 (QQQ) and the steep RS uptrends on Utilities (XLU) and Staples (XLP) for more confirmation that a major low is in place. Details below.


Panic Buying Achieved, Waiting for More Confirmation of a Bottom;Buying Staples & Auto Dealers/Parts

Equity Capital Markets

Mondelez International / Equity Capital Markets

<ul><li>Mondelez’s financial results were decent and its top-line growth was driven by solid volume growth and higher contribution from pricing with successful pricing actions in various markets in lieu of inflationary environments.</li><li>For both emerging and developed markets, demand for the categories of the company remained quite strong.</li><li>Despite these challenges, Mondelez remained focused on its long-term strategy to deliver accelerated growth via a top-line virtuous-driven cycle requiring continuous investments in its brands.</li></ul>

Mondelez’s financial results were decent and its top-line growth was driven by solid volume growth and higher contribution from pricing with successful pricing actions in various markets in lieu of inflationary environments.For both emerging and developed markets, demand for the categories of the company remained quite strong.Despite these challenges, Mondelez remained focused on its long-term strategy to deliver accelerated growth via a top-line virtuous-driven cycle requiring continuous investments in its brands.

Mondelez International Inc.: Financial & Price Forecasts

Credit

<ul><li>Mondelez had a fairly good 2021 despite inflation and supply chain challenges.</li><li>The company saw a persistently solid volume growth and greater contribution from pricing as the management continued to successfully execute pricing actions in various markets.</li><li>It did face multiple challenges like truck shortages and input cost inflation, but the management has continued to carry out further rounds of cost control and pricing.</li></ul>

Mondelez had a fairly good 2021 despite inflation and supply chain challenges.The company saw a persistently solid volume growth and greater contribution from pricing as the management continued to successfully execute pricing actions in various markets.It did face multiple challenges like truck shortages and input cost inflation, but the management has continued to carry out further rounds of cost control and pricing.

Mondelez International Inc.: Detailed Credit Analysis & Financial Strength Evaluation Report

United States

Mondelez International Inc. is a food and beverage company.  The Company manufactures and markets packaged food products, including snacks, beverages, cheese, convenient meals and various packaged grocery products.  Mondelez International sells its products throughout the world.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Mondelez International (MDLZ US)

Mondelez International Inc: Major Drivers

Mondelez delivered a good result, surpassing Wall Street expectations in terms of revenues as well as earnings as a result of ongoing strength in...

Baptista Research

Mondelez International Inc.: The Clif Bar Acquisition & Other Drivers

Mondelez International has been looking to strengthen its position in the snacking category and the recent $2.9 billion acquisition of Clif Bar is...

Baptista Research

Panic Buying Achieved, Waiting for More Confirmation of a Bottom;Buying Staples & Auto Dealers/Parts

We finally saw panic buying last Friday in the form of 92% upside volume on the NYSE. There is hope that this panic buying could signal that a...

Vermilion Research

Mondelez International Inc.: Financial & Price Forecasts

Mondelez’s financial results were decent and its top-line growth was driven by solid volume growth and higher contribution from pricing with...

Baptista Research

Mondelez International Inc.: Detailed Credit Analysis & Financial Strength Evaluation Report

Mondelez had a fairly good 2021 despite inflation and supply chain challenges. The company saw a persistently solid volume growth and greater...

Baptista Research

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)