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I'm somehow not convinced by Nestle's product range. I personally don't buy any of it in the supermarket. What about you?
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@Mh3 I don't look specifically at whether it's from Nestlé or not when I go shopping. Many people boycott the company because they can't reconcile it with their morals. However, it is almost impossible to avoid this brand, as Nestlé produces an extremely large amount of food. It is also one of the biggest food companies in the world.
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@Alumdria Nestlé is and remains a big player and a top pick, I agree. As an investor, however, I do look at whether the brands and products are well positioned in the supermarkets. Nestle has a lot of unhealthy stuff and is not in tune with the times. I think Unilever is better positioned in the food sector. I myself would bet on p&g in the consumer staples sector.
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@Mh3 so I often buy maggi, most recently the fire department soup 😂 Joking aside, Nestle is the world market leader in some product categories, e.g. coffee, pet food, plus a 20% share of LOreal. Here is a good article about Nestle that explains this a little better https://unternehmerfonds.de/blog/investorenbrief-2024-03/
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