KHC - 1 Warren Buffett Stock That Could Go Parabolic in 2024 and Beyond
2024-07-27 04:37:00 ET
Investors waiting for the share price of Kraft Heinz (NASDAQ: KHC) to bounce back have been disappointed for several years now. Indeed, it's been so long since this stock's even hinted at a rebound from 2017's and 2018's tumble that many investors aren't even watching anymore. They've simply moved on.
But there's a reason Warren Buffett's kept a sizable Kraft Heinz stake in Berkshire Hathway 's portfolio since melding the two food companies into one back in 2015. That is, he still sees hope. The dividend Berkshire's collecting in the meantime isn't too shabby either.
The thing is, this stock's long-awaited recovery could finally be on the horizon.
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1 Warren Buffett Stock That Could Go Parabolic in 2024 and Beyond