KHC Long - Broke 3 Year Downtrend & Strong Sales Ahead
I personally purchased shares of KHC at 28.60...I was a little late to the party. Nonetheless, I believe this is still a great safe yet high return opportunity. Given the current economic circumstances, if you're looking for a stock to own that has great cash flow, an amazing dividend yield, and lots of upside potential, I would bet on Kraft Heinz Company.
Let me know what you guys think. And, where do you all still see resistance?
- 5.5% dividend
- Strong earnings ahead
- Broke multiple downtrends which have continued over the last 3 years
- Food product sales will continue to soar during economic uncertainty
- One of Buffett's top holdings
Let me know what you guys think. And, where do you all still see resistance?
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