markettimer777
Long

Bought More KHC Today for the record - Worth 34 Week SMA $40.00

NASDAQ:KHC   KRAFT HEINZ CO
Bought More KHC Today for the record
Great setup following you now! About to post a trade aswell, have a look on my profile and let me know about it buddy :)
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Changes are coming. A new CEO starts at the end of this month. But can he start a positive news flow right away or will he have to make some negative announcements first?
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The market has been heavily discounting KHC and it's likely undervalued based on what's known. The trouble is the unknowns. Will the dividend be cut again? Will Kraft be split out? Reporting has been delayed and once financials are fully reported again there will likely be another sudden repricing move... but will it be up or down? You have to hope the market has properly discounted the possible negatives.
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