MatthewV
Long

Kraft Heinz co. Investment opportunity or bad business

NASDAQ:KHC   KRAFT HEINZ CO
Is Kraft Heinz co a investment of a lifetime or a death sentence? Warren Buffett bought 26.70 percent of the company at 72 dollars a share. He openly stated he was wrong about Kraft in a couple different ways. Kraft Heinz co is 30.1 billion in dept and only worth 39.1 billion they make around 6 billion a year and currently coming out with a new line of kraft baby food. How much revenue is that going to bring? I don't think kraft will go out of business however I do think it will be several years to make a turn around. That is my prediction what's your thoughts please share you knowledge on the subject.
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