KHC - Kraft Heinz: Buy Sell or Hold?
2024-03-17 08:55:00 ET
Kraft Heinz (NASDAQ: KHC) spent some time struggling after the merger of Kraft and Heinz that created it. But the food maker is in much better shape today after a portfolio repositioning and efforts to strengthen the balance sheet, and today the stock offers an attractive 4.5% dividend yield and a renewed focus on growth. Is it worth buying? Here's some things to consider.
Kraft Heinz is a large consumer staples company with a global presence. It owns brands including the namesake Kraft and Heinz monikers, as well as icons Oscar Mayer, Velveeta, Jell-O, and Lunchables, among many others. These brands are staples in grocery stores.
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Kraft Heinz: Buy, Sell, or Hold?