The packaged food industry has a few problems at its doorstep going into 2025. The industry continues to be under fire from lawmakers like Senator Elizabeth Warren for shrinking package sizes in an effort to boost profits as stubborn inflation continues to weigh on companies’ profit margins. As many households struggle from paycheck to paycheck, some forego buying snacks and frozen meals. Another factor at play is the rise of weight-loss drugs like Ozempic, which is taking a toll on the outlooks for food businesses and investor sentiment. Yahoo Finance Executive Editor Brian Sozzi chats with Bank of America senior research analyst Peter Galbo. The veteran analyst has long covered the packaged food industry, including household names like Hormel and Campbell Soup. With margins under pressure and big food getting raked over the coals this election season, are there any reasons for investors to own these stocks?
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