In September 2020, we suggested KHC was nearing a buy-zone but wasn't particularly attractive at $31.95. The company has improved by leaps and bounds since then, but the price has remained static. We tell you why we added it to our portfolio, despite the perceived risks from the new administration.
Billionaire Warren Buffett has always had a thing for companies that return capital to their shareholders. Passive income can compound into vast sums of wealth and make money productive as investors wait for a stock to appreciate.
It's rare to talk about a Warren Buffett stock being catapulted higher. Most of the Oracle of Omaha's picks for Berkshire Hathaway (BRK.A 0.12%) (BRK.B -0.01%) are relatively tame -- even boring -- and not subject to wild swings in either direction.
KHC is driving growth through strategic pricing, operational efficiencies and a focus on innovation amid weak volumes.
When it comes to consumer goods, few companies can rival the global recognition of Coca-Cola (KO 0.21%) and Kraft Heinz (KHC 1.40%). Both stocks offer an investment in mature, dividend-paying businesses and are also longtime holdings of Warren Buffett's Berkshire Hathaway, which owns a 9.3% and 26.9% stake, respectively.
Kraft Heinz (KHC) reported earnings 30 days ago. What's next for the stock?
This Warren Buffett stock pays a higher-than-average dividend yield.
A federal judge said Kraft Heinz must face a proposed nationwide class action lawsuit over claims that its Kraft macaroni and cheese contains no artificial preservatives.
A federal judge said Kraft Heinz must face a proposed nationwide class action alleging that it defrauded consumers by claiming its Kraft macaroni and cheese, one of its best-known products, contains no artificial preservatives.
Lunchables—pre-packaged boxes of crackers, cheese, and deli meat—will no longer be part of the National School Lunch Program (NSLP), a school program that provides free lunches to kids in need, Kraft Heinz announced Tuesday. While Lunchables, which were first introduced in the '80s, are popular with kids (and parents, given they are easy to pop in a lunchbox), critics have suggested that the meals, including those the brand made specifically for schools, aren't nutritious.In early 2023, Kraft Heinz introduced two meals “built for schools”—a pizza kit and a turkey and cheese plate.
Should investors avoid Kraft stock, or could this be an underrated income stock to buy right now?
Kraft Heinz has struggled with declining North American sales due to rising competition from private-label and niche brands. KHC's failure to adapt to consumer trends and health preferences has left it with a small number of brands accounting for the bulk of its losses. Kraft's higher debt leverage and rising inventory-to-sales ratio are notable, but not yet a significant risk factor.