Nestlé (SWX:NESN, Financial) was discussed in the Artisan Global Value Fund Q3 2024 commentary as a core holding, underscoring the fund's appreciation for the company's strong brand portfolio and strategic focus on health and wellness. The fund managers noted Nestlé's expansion efforts in emerging markets, which present significant growth opportunities. The company's commitment to sustainability and innovation aligns with the fund's investment philosophy of investing in high-quality companies with strong competitive positions.
"Nestlé’s leadership in the food and beverage sector, combined with its focus on health and wellness, positions it well for future growth. The company’s expansion in emerging markets and commitment to sustainability are key drivers of its long-term strategy." — Artisan Global Value Fund, Q3 2024 Fund Letter
Read full letter at gurufocus artisan global value fund q3 2024 commentary 2024 Q3 page.