Why Kraft Heinz Stock Might Offer You a Delectable Value
In a time when practically everything -- stocks included -- seems overpriced, it would be refreshing to find a bona fide, needle-in-the-proverbial-haystack value play. Maybe that play's in your pantry right now. Kraft Heinz (NASDAQ:KHC) currently offers what not every $40 billion-plus-market-cap business can: a relatively low valuation, a positive earnings profile, and (like it or not) a willingness to protect its margins by practically any means necessary.
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Compared to the miscellaneous food industry's trailing 12-month P/E ratio around 21 -- which itself isn't horrendous -- Kraft Heinz, at roughly 11.8, should make the shareholders feel like they're shoplifting.
Source Fool.com
