This consumer staple stock makes sense for nervous investors. Kraft Heinz Co. (NYSE: KHC) is the third-largest food and beverage company in North America and the fifth-largest in the world, with eight $1 billion+ brands. A globally trusted producer of delicious foods, Kraft Heinz provides high quality, great taste and nutrition for all eating occasions whether at home, in restaurants or on the go.
The company’s iconic brands include Kraft, Heinz, ABC, Capri Sun, Classico, Jell-O, Kool-Aid, Lunchables, Maxwell House, Ore-Ida, Oscar Mayer, Philadelphia, Planters, Plasmon, Quero, Weight Watchers Smart Ones and Velveeta.
Consumer staples are expected to continue to do well this year, and this is one of the top companies in the sector. The company reported very solid earnings, and analysts across Wall Street are generally bullish on the potential for solid earnings continuing through 2017 and beyond.
Shareholders receive a 2.77% dividend. Merrill Lynch has a $100 price target, and the consensus target is $90.29. The shares closed Tuesday at $86.67.
Successful Trading is the art of minimizing long term risk and maximizing capital allocation.
Recent KHC News
- A.1. Enters the Dairy Aisle with Bold New Innovation: Steakhouse Butter • Business Wire • 09/23/2024 11:01:00 AM
- Philadelphia Unveils First-Ever Refrigerated Cream Cheese Frosting in the U.S. • Business Wire • 09/17/2024 12:01:00 PM
- JELL-O Unveils ‘The Jelly Collection’: A Line of Inflatable Furniture Inspired by Iconic JELL-O Molds • Business Wire • 09/10/2024 10:00:00 AM
- Kraft Heinz to Participate at 2024 Barclays Global Consumer Staples Conference • Business Wire • 08/26/2024 01:00:00 PM
- C’est du KD bon à s’en lécher les doigts… Les marques populaires d’aliments réconfortants KD et PFK s’unissent pour une nouvelle collaboration audacieuse et délicieusement savoureuse • Business Wire • 08/19/2024 12:00:00 PM
- It's Finger Lickin’ KD… Beloved Comfort Food Brands KD and KFC Join Forces in New, Boldly Delicious Collaboration • Business Wire • 08/19/2024 12:00:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/14/2024 05:06:39 PM
- VELVEETA Serves Up Big Cheese Energy This Summer with First-Ever ‘WheelVeeta’ Dining Experience • Business Wire • 08/07/2024 10:00:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/06/2024 08:24:39 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/05/2024 12:30:19 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/02/2024 03:04:33 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 07/31/2024 08:19:38 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/31/2024 11:03:46 AM
- The Kraft Heinz Company Declares Regular Quarterly Dividend of $0.40 Per Share • Business Wire • 07/31/2024 11:01:00 AM
- Kraft Heinz Reports Second Quarter 2024 Results • Business Wire • 07/31/2024 11:00:00 AM
- US Index Futures Up Ahead of Fed Decision; Oil Prices Surge Amid Middle East Tensions • IH Market News • 07/31/2024 10:01:30 AM
- Kraft Heinz Brings New IHOP® Syrups to Homes Nationwide • Business Wire • 07/23/2024 10:00:00 AM
- “Let’s-a-go!” KRAFT Mac & Cheese and Nintendo Fuel Fans with New Super Mario™ Power-Up Shapes • Business Wire • 07/17/2024 10:00:00 AM
- Ore-Ida and GoodPop Launch Frozen Treat Inspired by One of America’s Most Popular Food Combinations: French Fries Dipped in a Milkshake • Business Wire • 07/16/2024 10:00:00 AM
- Cosplay Meets Condiments: HEINZ to Release Limited-Edition Ketchup and Mustard Collectibles Inspired by Marvel Studios’ “Deadpool & Wolverine” • Business Wire • 07/15/2024 11:00:00 AM
- The Kraft Heinz Company to Report Second Quarter 2024 Results on July 31, 2024 • Business Wire • 07/09/2024 01:00:00 PM
- Calling All Pickle Lovers: Claussen® Pickles and Baked by Melissa Celebrate National Pickle Month with an Exclusive Pickle Cupcake • Business Wire • 07/08/2024 10:00:00 AM
- Fashion Meets Flavor: HEINZ and kate spade new york Debut Red-Hot Capsule Collection • Business Wire • 06/26/2024 12:00:00 PM
- Form 11-K - Annual report of employee stock purchase, savings and similar plans • Edgar (US Regulatory) • 06/18/2024 05:33:51 PM
North Bay Resources Commences Operations at Bishop Gold Mill, Inyo County, California; Engages Sabean Group Management Consulting • NBRI • Sep 25, 2024 9:15 AM
CEO David B. Dorwart Anticipates a Bright Future at Good Gaming Inc. Through His Most Recent Shareholder Update • GMER • Sep 25, 2024 8:30 AM
Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • BLOZF • Sep 24, 2024 8:50 AM
Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • INTV • Sep 24, 2024 8:45 AM
Avant Technologies Accelerates Creation of AI-Powered Platform to Revolutionize Patient Care • AVAI • Sep 24, 2024 8:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM