Bunge Global (NYSE:BG) Stock, Quote.Headers.trade-ideas

Bunge Global

Bunge

Bunge Global SA formerly Bunge Ltd is an agribusiness and food company with operations along the farm-to-consumer food chain. The company segments include Agribusiness; Refined and Specialty Oils; Milling; Sugar and Bioenergy and Corporate and Other. It generates maximum revenue from the Agribusiness segment. The company is an oilseed processor and producer of vegetable oils and protein meals, based on processing capacity, a grain processor, the seller of packaged plant-based oils, producer and seller of wheat flour, bakery mixes, and corn-based products in North and South America.

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Bunge shares fall after Q2 results miss estimates; CEO emphasizes progress on strategic goals amid cash flow issues and debt concerns.

Bunge Shares Tumble Over 6% After Q2 Miss; CEO Highlights Strategic Moves Amid Cash Flow Concerns

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BP disclosed weak oil trading results for Q2, with favorable impacts in Upstream production and operations but adverse impacts in gas and low-carbon energy.

BP Stumbles: Weak Oil Trading, Refining Margins Drag Down Q2 Outlook

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Bunge intends to use the net proceeds from the offering of the Senior Notes to fund a portion of the cash consideration for Bunge&#39;s proposed acquisition (the &quot;Business Combination&quot;) of Viterra Limited (&quot;Viterra&quot;) and to repay a portion of certain Viterra debt to be assumed in connection with the Business Combination, including, in each case, related fees and expenses, and, with any remaining amounts, for general corporate purposes.
Three tranches of senior unsecured notes (collectively, the &quot;Senior Notes&quot;), as follows:
<ul>
<li>$400 million&nbsp;aggregate principal amount of&nbsp;4.100%&nbsp;Senior Notes due 2028;</li>
<li>$800 million&nbsp;aggregate principal amount of&nbsp;4.200%&nbsp;Senior Notes due 2029; and</li>
<li>$800 million&nbsp;aggregate principal amount of&nbsp;4.650%&nbsp;Senior Notes due 2034.</li>
</ul>

Reported Earlier, Bunge Global Prices $2B Senior Notes Offering To Support Viterra Acquisition And Debt Repayment

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Shares of companies within the broader consumer staples sector are trading lower amid overall market weakness following weak US data. Soft guidance from Amazon may be negatively impacting the sector.

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Morgan Stanley analyst Nigel Dally downgraded the rating for Voya Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VOYA#NYSE">VOYA</a>) from Overweight to Equal-Weight, while cutting the price target from $79 to $76. Voya Financial shares fell 2.1% to close at $72.73 on Wednesday. <a href="https://www.benzinga.com/quote/VOYA/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Oppenheimer analyst Jason Helfstein downgraded the rating for Etsy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETSY#NASDAQ">ETSY</a>) from Outperform to Perform. Etsy shares gained 1% to settle at $65.14 on Wednesday. <a href="https://www.benzinga.com/quote/ETSY/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Citigroup analyst Thomas Palmer downgraded Bunge Global SA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BG#NYSE">BG</a>) from Buy to Neutral, while cutting the price target from $125 to $114. Bunge Global shares fell 8.1% to close at $105.23 on Wednesday. <a href="https://www.benzinga.com/quote/BG/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Compass Point analyst Floris Van Dijkum downgraded the rating for Host Hotels &amp; Resorts, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HST#NASDAQ">HST</a>) from Buy to Neutral, while lowering the price target from $25 to $18. Host Hotels shares fell 1.6% to close at $17.51 on Wednesday. <a href="https://www.benzinga.com/quote/HST/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Truist Securities analyst Ki Bin Kim downgraded Public Storage (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSA#NYSE">PSA</a>) from Buy to Hold and maintained the price target of $306. Public Storage shares fell 2.8% to settle at $295.92 on Wednesday. <a href="https://www.benzinga.com/quote/PSA/analyst-ratings">See how other analysts view this stock</a>.</li>
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Citigroup analyst Thomas Palmer downgrades Bunge Global (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BG#NYSE">BG</a>) from Buy to Neutral and lowers the price target from $125 to $114.

Price Target

Citigroup Downgrades Bunge Global to Neutral, Lowers Price Target to $114

Bunge Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BG#NYSE">BG</a>) shares are trading lower <a target="_blank" href="https://www.benzinga.com/premarket" rel="noreferrer noopener">after releasing results for the second quarter.</a>
The company reported adjusted earnings per share of $1.73, missing the <a target="_blank" href="https://www.benzinga.com/pressreleases/24/07/b40061621/bunge-reports-second-quarter-2024-results" rel="noreferrer noopener">analyst consensus of $1.80</a>. Second-quarter sales of $13.24 billion <a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener">missed the street view of $14.27 billion.</a>
Bunge&#8217;s second-quarter results showed lower Agribusiness performance due to a more balanced global supply environment.
While Refined and Specialty Oils performed well, results were down compared to a strong previous year, it said in a press release.
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/asia/24/07/40062747/asia-markets-up-europe-opens-higher-crude-advances-2-6-global-markets-today-while-us-slept" rel="noreferrer noopener">Asia Markets Up, Europe Opens Higher, Crude Advances 2.6% &#8211; Global Markets Today While US Slept</a>
The company added that it made &#8220;excellent progress&#8221; on Viterra integration planning and other strategic priorities, including the announced sale of its interest in the sugar and bioenergy joint venture.
Greg Heckman, Bunge&#8217;s Chief Executive Officer, commented, &#8220;Our team delivered solid results for the second quarter while also moving forward on a range of strategic priorities, including announcing the sale of our interest in the BP Bunge Bioenergia joint venture.&#8221;
Cash used for operations in the six months ended June was $480 million compared to cash provided of $472 million in the same period last year.
The reduction of cash from operations was primarily driven by lower reported net income and net changes in working capital.&nbsp;
Bunge exited the quarter with cash and equivalents worth $1.161 billion. Total inventories totaled $8.057 billion.
As of the quarter-end, the company&#8217;s long-term debt pegged at $4.086 billion.
&#8220;Current market conditions have improved in some regions, but we continue to have limited visibility into the latter part of the year,&#8221;<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener"> Heckman added.</a>
Outlook Raised: Bunge added that taking into account first-half results, the current margin environment, and forward curves, the company sees full-year 2024 adjusted EPS of approximately $9.25 versus the $9.46 estimate <a target="_blank" href="https://www.benzinga.com//node/38398262" rel="noreferrer noopener">(prior view: $9).</a>
Price Action: BG shares are trading lower by 6.61% to $106.98 premarket at last check Wednesday.
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Bunge CFO Predicts 50% Drop In Capex For 2026 Compared To 2025, Excluding Viterra Merger

Bunge shares are trading lower following worse-than-expected Q2 financial results.

Bunge (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BG#NYSE">BG</a>) reported quarterly earnings of $1.73 per share which missed the analyst consensus estimate of $1.80 by 3.89 percent. This is a 53.49 percent decrease over earnings of $3.72 per share from the same period last year. The company reported quarterly sales of $13.241 billion which missed the analyst consensus estimate of $14.273 billion by 7.23 percent. This is a 12.01 percent decrease over sales of $15.049 billion the same period last year.

Earnings Misses

CORRECTION: Bunge Q2 2024 Adj. EPS $1.73 Misses $1.80 Estimate, Sales $13.241B Miss $14.273B Estimate

Bunge Sees FY24 Adj EPS Of $9.25 Vs. $9.46 Est.

Bunge And Glencore-Backed Viterra Offered To Divest Assets In Two European Countries To Address EU Antitrust Concerns About $34B Deal

Shares of Bunge are trading lower following a report suggesting the company's $8 billion deal for Viterra is at risk of facing delays.

Bunge's $8B Deal For Viterra Said To Face Risk Of Delays

BP p.l.c. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BP#NYSE">BP</a>) shares are trading lower after the company disclosed the trading update for the second quarter of FY24, with oil trading results expected to be weak after a strong first <a target="_blank" href="https://otp.investis.com/clients/uk/bp_plc/rns/regulatory-story.aspx?cid=233&amp;newsid=1840413" rel="noreferrer noopener">quarter</a>.
In the oil production and operations segment, the company anticipates realizations to have a favorable impact of $0.1 billion-$0.3 billion versus the first quarter, factoring in the effects of price lags on production in the Gulf of Mexico and the UAE.
The British oil giant expects Upstream production in the quarter to remain flat compared to the prior quarter, with stable oil production and a slight decrease in gas and low-carbon energy output.
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/equities/24/06/39519449/is-bp-bailing-on-green-reportedly-shifts-gears-from-renewables-to-oil-and-gas" rel="noreferrer noopener">Is BP Bailing on Green? Reportedly Shifts Gears From Renewables To Oil And Gas</a>
In the gas and low-carbon energy segment, the company projects realizations to have an adverse impact of about $0.1 billion vs the prior quarter, including declines in non-Henry Hub natural gas prices.
Also, the gas marketing and trading result is expected to be average in the second quarter following a strong first quarter.
BP projects lower refining margins to negatively impact to have a negative impact of $0.5 billion-$0.7 billion owing to weaker middle distillate margins and narrower North American heavy crude oil differentials, along with increased turnaround activity.
Apart from this, the company disclosed that second-quarter results are expected to include post-tax adverse adjustments of $1.0 billion-$2.0 billion on asset impairments and onerous contract provisions, including charges related to the Gelsenkirchen refinery review.
Last month, BP agreed to&nbsp;purchase&nbsp;Bunge Global SA&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BG#NYSE">BG</a>) 50% stake in their joint venture, BP Bunge Bioenergia S.A., for an enterprise <a target="_blank" href="https://www.benzinga.com/markets/equities/24/06/39416447/bp-doubles-down-on-biofuels-buys-out-bunge-bioenergia-for-1-4b" rel="noreferrer noopener">value of about $1.4 billion</a>.
Related: <a target="_blank" href="https://www.benzinga.com/markets/equities/24/06/39452342/bp-eyes-biofuel-dominance-in-brazil-with-expansion-plans-report" rel="noreferrer noopener">BP Eyes Biofuel Dominance In Brazil With Expansion Plans: Report</a>
Investors can gain exposure to the stock via&nbsp;Direxion Hydrogen ETF&nbsp;(ARCA:&nbsp;HJEN)&nbsp;and&nbsp;First Trust Exchange-Traded Fund IV FT Energy Income Partners Strategy ETF (ARCA:&nbsp;EIPX).
Price Action: BP shares are down 3.99% at $35.08 premarket at the last check Tuesday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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Legal

SA's Competition Tribunal Approved Proposed Merger Wherein Bunge Global Sa Intends To Acquire Viterra Limited With Condition

BP p.l.c.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BP#NYSE">BP</a>) reportedly plans to assess expanding and diversifying its biofuel operations in Brazil, exploring new products like second-generation ethanol and sustainable aviation fuel following its <a target="_blank" href="https://www.benzinga.com/markets/equities/24/06/39416447/bp-doubles-down-on-biofuels-buys-out-bunge-bioenergia-for-1-4b" rel="noreferrer noopener">acquisition of a stake in BP Bunge Bioenergia</a>.
Last week, the British oil major bought Bunge Global SA‘s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BG#NYSE">BG</a>) 50% stake in their joint venture, BP Bunge Bioenergia S.A., for an enterprise value of about $1.4 billion.
The acquisition will consolidate 100% of the venture's financial results, including net debt of about $0.5 billion and lease obligations of around $0.7 billion.
In written comments, the company expressed its plans to utilize the expansive biofuel infrastructure of the venture in Brazil, including an industrial complex comprising 11 plants located across five states that specialize in processing sugarcane, reported Reuters.
BP said in the comment, &#8220;We will seek to explore new growth opportunities in the region and develop new bioenergy platforms, such as next-generation ethanol, SAF, e-fuels and biogas,&#8221; per the report.
Biofuels expert Soren Jansen, a former executive at Brazil&#8217;s Copersucar, stated, &#8220;The whole alcohol-to-jetfuel supply chain is very expensive to build up, and the deep pockets from the oil companies is accelerating the process with an initial geographic spread over Brazil, the U.S., Europe and Japan.&#8221;
As per the report, the approach of BP mirrors that of Shell plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHEL#NYSE">SHEL</a>), which previously teamed up with Brazilian sugar and ethanol major Cosan S.A. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CSAN#NYSE">CSAN</a>) to form Raizen SA, which is pioneering the world&#8217;s largest cellulosic ethanol program, focusing on second-generation ethanol.
Notably, Raizen launched its second 2G ethanol plant in May, producing fuel from biomass residues of processed sugarcane with 80% less carbon than gasoline.
Investors can gain exposure to the stock via&nbsp;Direxion Hydrogen ETF&nbsp;(ARCA:&nbsp;HJEN)&nbsp;and&nbsp;First Trust Exchange-Traded Fund IV FT Energy Income Partners Strategy ETF (ARCA:&nbsp;EIPX).
Price Action: BP shares are up 0.76% at $35.78 premarket at the last check Monday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Media

CSAN

SHEL

BP Eyes Biofuel Dominance In Brazil With Expansion Plans: Report

BP p.l.c.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BP#NYSE">BP</a>) shares are trading higher after the company agreed to <a target="_blank" href="https://www.bp.com/content/dam/bp/business-sites/en/global/corporate/pdfs/news-and-insights/press-releases/bp-to-acquire-full-ownership-of-bp-bunge-bioenergia-while-refocusing-plans-for-new-biofuels-projects.pdf" rel="noreferrer noopener">purchase </a>Bunge Global SA&#8216;s&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BG#NYSE">BG</a>) 50% stake in their joint venture, BP Bunge Bioenergia S.A., for an enterprise value of about $1.4 billion.
The acquisition will consolidate 100% of the venture&#8217;s financial results, including net debt of about $0.5 billion and lease obligations of around $0.7 billion.
The buyout meets BP&#8217;s expected bioenergy returns threshold of over 15% and fits within its disciplined financial framework, which includes capital expenditure targets of around $16 billion for 2024 and 2025.
Upon completion, BP can produce about 50,000 barrels per day of ethanol equivalent from sugarcane through Bunge Bioenergia&#8217;s 11 agro-industrial units in five Brazilian states.
After the deal closes, BP will become the sole owner of the industrial-scale sugarcane and ethanol business.
This acquisition and focus on key biofuels projects are expected to support BP&#8217;s strategic growth in bioenergy, aiming for around $2 billion in EBITDA from bioenergy and $3 billion-$4 billion across all transition growth engines by 2025.
Bunge&nbsp;expects this second and final monetization event of its ownership in the business to yield <a target="_blank" href="https://www.benzinga.com//node/39408426" rel="noreferrer noopener">net proceeds close to&nbsp;$800 million.</a>
Emma Delaney, BP&#8217;s executive vice president, customers and products said, &#8220;Focusing our plans to develop new biofuels projects is also driven by value. Taken together, these changes can enable us to deliver the growth and returns we expect from biofuels, but in a simpler, more focused way. This is fully in line with bp&#8217;s priorities of driving focus into the business and growing shareholder returns.&#8221;
By 2025, BP aims to increase its biofuels production to approximately 50 million barrels per day (mbd) and its biogas supply to about 40 thousand <a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">barrels of oil equivalent per day (mboed)</a>.
By 2030, the company targets to expand its biofuels production to around 100 mbd and its biogas supply to about 70 mboed.
As of first-quarter FY24-end, the company&#8217;s <a target="_blank" href="https://www.benzinga.com/news/earnings/24/05/38665532/why-bp-shares-are-trading-lower-premarket-today" rel="noreferrer noopener">net debt stood at&nbsp;$24.02 billion</a>.
Investors can gain exposure to the stock via&nbsp;Direxion Hydrogen ETF&nbsp;(ARCA:&nbsp;HJEN)&nbsp;and&nbsp;First Trust Exchange-Traded Fund IV FT Energy Income Partners Strategy ETF (ARCA:&nbsp;EIPX).
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/equities/24/06/39247864/bp-tightens-workplace-relationship-rules-after-ceo-firing-report" rel="noreferrer noopener">BP Tightens Workplace Relationship Rules After CEO Firing: Report</a>
Price Action: BP shares are up 0.79% at $35.67 at the last check Thursday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

BP Doubles Down On Biofuels: Buys Out Bunge Bioenergia for $1.4B

BP Bunge Bioenergia, a joint venture formed in 2019, combined both companies&#39; Brazilian bioenergy and sugarcane ethanol businesses with a total of 11 mills located across the Southeast, North and Midwest regions of Brazil. At closing, which is expected to happen in the fourth quarter of 2024, bp will own 100% of the business.&nbsp;

Commodities

Bunge Global Has Agreed To Sell Its 50% Share In BP Bunge Bioenergia To BP, Its Joint Venture Partner, This Second And Final Monetization Event Of Bunge's Ownership In The Business Is Expected To Yield Net Proceeds Close To $800M

Global

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In a report released today, Benjamin Theurer from Barclays maintained a Buy rating on Bunge Global (BG – Research Report), with a price target of $...

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<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Sometimes, even the most boring stocks hold big potential. Look at plant-based <a href="https://investorplace.com/industries/consumer-staples/food/">food stocks</a>, for example.&nbsp;



While these may not be the most exciting stocks, statistics point to strong future growth. Younger generations, including Generation Z, just saw a five percentage-point increase in their adoption of plant-based food since 2021. All of which presents &ldquo;a significant opportunity for sustainable food brands,&rdquo; <a href="https://trellis.net/article/study-younger-generations-drive-consumption-plant-based-food-while-baby-boomers-lag-behind/">as noted by Trellis.net</a>.



In addition, according to <a href="https://blog.brightfieldgroup.com/gen-z-shifts-away-from-meat-and-dairy">analysts at the Brightfield Group</a>, &ldquo;Gen Z is opting for plant-based dairy alternatives such as oat milk, plant-based ice cream, pea milk and soy milk. They do not appear to be adopting plant-based meat replacements with the same enthusiasm.&rdquo;



With stats pointing to further growth, <a href="https://www.sphericalinsights.com/press-release/vegan-food-market">analysts at Spherical Insights</a> say the global plant-based market could be worth about $55.84 billion by 2033 from $23.73 billion today.



That being said, investors may want to keep an eye on plant-based food stocks, such as:



<h2>Oatly (OTLY)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/06/otly-1600-300x169.jpg" alt="otly stock Rolled oats or oat flakes in bowl with wooden spoons"><div>Source: Vladislav Noseek / Shutterstock.com</div></div>Look at oat milk stocks, like Oatly (NASDAQ:<a href="https://investorplace.com/stock-quotes/otly-stock-quote/">OTLY</a>).



For one, earnings are improving. Its <a href="https://www.fool.com/earnings/call-transcripts/2024/07/24/oatly-group-ab-otly-q2-2024-earnings-call-transcri/">earnings per share loss of five cents</a>, for example, beat estimates by two cents. Revenue of $202.2 million, up 3.2% year-over-year, beat by $910,000. It also raised its full-year outlook for revenue growth to a new range of 6% to 10% from 5% to 10%. It also expects to post an EBITDA loss of $35 million to $50 million, which is slightly better than its prior calls for a loss of $35 million to $60 million.



Two, the plant-based drink is popular. In fact, over the last year, U.S. retail sales jumped to $695 million (28% growth), <a href="https://ambrook.com/research/supply-chain/oat-shortage-milk-demands">according to Ambrook.com</a>. Demand for oat milk is also up in grocery stores, where it held a 24% share of the retail plant-based milk market in 2023.&nbsp;



That being said, OTLY could push higher over the long haul.



<h2>Ingredion (INGR)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/11/ingredion-ingr-1600-300x169.jpg" alt="Ingredion Canada Inc head office in Brampton, Ontario, Canada"><div>Source: JHVEPhoto / Shutterstock.com</div></div>While Ingredion (NYSE:<a href="https://investorplace.com/stock-quotes/ingr-stock-quote/">INGR</a>) isn&rsquo;t one of the pure play plant-based food stocks, it has been increasing its plant-based offerings, including patties, seafood and chicken. And it carries a healthy dividend of 2.43% and just recently paid out a quarterly dividend of 78 cents.



Earnings have also been okay. Its EPS of $2.87 beat by 38 cents. Revenue of $1.88 billion did miss by $100 million, though. INGR also raised its full-year EPS guidance to a new range of $10.20 to $10.70, and also raised its adjusted EPS range to $9.70 to $10.20.



Plus, <a href="https://ir.ingredionincorporated.com/news-releases/news-release-details/ingredion-completes-reorganization-reports-first-quarter">as noted in a recent press release</a>, the company expects to deploy cash towards organic investments, dividends and share buybacks. 



However, despite recent positives, I&rsquo;d wait for the stock to cool off a bit. At the moment, it&rsquo;s technically stretched at $128.19. It&rsquo;s also overbought on RSI, MACD and Williams&rsquo; %R. So, I&rsquo;d wait for it to pullback a bit before taking a long position.



<h2>Bunge (BG)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/10/bunge_bg_1600-300x169.jpg" alt="A Photo of a blue sign in an industrial campus showing the Bunge (BG) logo. Plant-based food stocks"><div>Source: JHVEPhoto/ShutterStock.com</div></div>With Bunge (NYSE:<a href="https://investorplace.com/stock-quotes/bg-stock-quote/">BG</a>), I&rsquo;d use recent weakness as a buying opportunity.



Thanks to a massive pullback in the broader market, BG slipped from about $115 to a recent low of $96. Here, it&rsquo;s also wildly oversold on RSI, MACD and Williams&rsquo; %R. From here, I&rsquo;d like to see it refill its bearish gap at around $115 near term.



It&rsquo;s also not a plant-based pure play, but it does offer the ingredients used in meat and dairy alternatives. Plus, it carries a healthy dividend yield of 2.84%, which we can collect while waiting for the eventual recovery in the Bunge stock.



We also have to consider that BG has priced in a good deal of weakness, including the overall market decline, the <a href="https://seekingalpha.com/news/4132416-bunge-downgraded-at-citi-on-biofuels-weakness-viterra-doubts">Citi analyst downgrade on biofuels weakness</a> and the delay of its $8.2 billion acquisition of Viterra.&nbsp;



That being said, take advantage of BG weakness and collect its yield while you wait.



On the date of publication, Ian Cooper&nbsp;did not have (either directly or indirectly) any positions in the securities mentioned.&nbsp;The opinions expressed in this article are those of the writer, subject to the&nbsp;InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines</a>.



On the date of publication, the responsible editor did not have (either directly or indirectly) any positions in the securities mentioned in this article.
<div>Ian Cooper, a contributor to InvestorPlace.com, has been analyzing stocks and options for web-based advisories since 1999.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/08/what-are-the-hottest-plant-based-food-stocks-right-now-3-top-picks/">What Are the Hottest Plant-Based Food Stocks Right Now? 3 Top Picks.</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

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