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The demand for food is expected to increase further during the holiday season, starting with Thanksgiving next week. According to a Global Industry Analysts Inc. report, the global foodservice industry market is expected to reach $4.10 trillion by 2026.
So, we think it could be wise to bet on fundamentally sound food stocks John B. Sanfilippo & Son, Inc. (JBSS), HF Foods Group Inc. (HFFG), and Lifeway Foods, Inc. (LWAY) to capitalize on the increasing food prices.