Unilever (NYSE: UL) stock is down more than 20% from its peak levels in 2019 and is still off by more than 8% so far in 2022, even after a big price rebound in recent weeks. There are valid reasons to be worried about the company's near-term performance given it is in the middle of a corporate overhaul. However, there's still a key reason to remain positive about Unilever's longer-term prospects.
With that in mind, here's why long-term investors should remain optimistic about Unilever.
Unilever has been revamping its business for a number of years at this point, including switching from an unusual dual listing structure to a single listing. It finalized that effort in 2020 under then-new CEO Alan Jope. Since that point, the company has tried (and failed) to acquire GlaxoSmithKlein 's consumer healthcare segment, added an activist investor to its board ( Nelson Peltz ), and adjusted its business structure to increase the speed of decision making, among other things.
For further details see:
1 Huge Reason to Love Unilever Stock