The nice thing about pendulums is they are usually in motion. KHC has had a wide swing from over to under valued during the last 24 months. It's been hard to guess how far the swing would take the stock's price. However, with downward averaging any "reversion to the mean" will be kind to my position.
KHC has tested my patience. The dividend has been my burn ointment so far. I've only had one sale since starting my KHC position back in April of 2018 and that was June of the same year. Since then I've added 12% more shares with each of 7 consecutive buys. I now own more than twice my original share count. Anything above $42 puts the portfolio in the black. Right now that seems a half arc swing away from the current price. Reversion to my start price will offer a double on the investment. (plus accumulated dividends).
Since it has been a long slow dive and might be a long time recovering, I might pick some target prices and look for some generous Call options to sell to collect some extra rent.
Tom
Buy from the Scared; Sell to the Greedy.....
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
FEATURED Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • Sep 24, 2024 8:50 AM
FEATURED Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • 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
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM