KHC - 3 Warren Buffett Stocks That Are Screaming Buys Right Now

2024-07-20 05:25:00 ET

Are you looking for some new holdings to round out your portfolio? Don't stress! Just borrow a few ideas pre-selected by Warren Buffett and/or his lieutenants by virtue of already being owned by Berkshire Hathaway . After all, Berkshire's market-beating performance speaks for itself.

Here's a closer look at three Berkshire holdings you may want to consider scooping up sooner rather than later. They've all been lagging a bit of late, but that could change soon.

There's no denying Warren Buffett misread the upside and ease of merging then-separate Kraft and Heinz into The Kraft Heinz Company (NASDAQ: KHC) in 2015. The intended synergies and benefits of scale just never materialized. If anything, melding the two companies into one caused more problems than it solved. In 2019, Buffett finally conceded he "overpaid for Kraft." But the acknowledgment meant little to shareholders who watched their Kraft Heinz shares get halved during that four-year stretch. They've not really made any progress since then.

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