Warren Buffett continues to display confidence in
The Kraft Heinz Company (KHC), maintaining it among his longest-held stocks, which has been noted by other investors, including
SG Americas Securities and
Vanguard Group increasing their holdings. The company welcomed Marcel Regis as the new president for both West and East emerging markets and has scheduled the reporting of its fourth quarter and full year 2024 financial results on February 12, 2025.Several media reports have noted the potential for buying KHC stock as a long-term investment, referencing its alternative meat and pizza products. Critiques came in the form of Jim Cramer's comment on the brand collection and concerns over the company's price strategy. Notwithstanding, institutional investors continue to invest in KHC, with additional stakes acquired by
GFS Advisors and
Exchange Traded Concepts among others.Despite a recent 4.6% drop since the last earnings report, KHC is still seen as a sound value investment. Factors like improving margins and robust dividend yield are contributing to the positive sentiment along with the backing of Warren Buffet.
The Kraft Heinz Company KHC News Analytics from Tue, 13 Aug 2024 07:00:00 GMT to Sat, 01 Feb 2025 11:28:15 GMT -
Rating 7
- Innovation 2
- Information 7
- Rumor -7
