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.
- 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