NEW YORK (TheStreet) -- Mondelez International (MDLZ) appointed Dana Anderson as its new senior vice president and chief marketing officer on Thursday, making her overseer of the company's global portfolio of advertising, media and marketing partners.
Anderson, the 25 year industry veteran, previously held the position of SVP Marketing Communication and Strategy for the snack foods manufacturer since 2012 after holding the same position at Kraft since 2009.
Mondelez International shares are down 1.3% to $34.80 on heavy trading volume Thursday.STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
TheStreet Ratings team rates MONDELEZ INTERNATIONAL INC as a Buy with a ratings score of B+. TheStreet Ratings Team has this to say about their recommendation:
"We rate MONDELEZ INTERNATIONAL INC (MDLZ) a BUY. This is driven by a few notable strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, good cash flow from operations, increase in net income, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook."
Highlights from the analysis by TheStreet Ratings Team goes as follows: