Why You Should (Still) Avoid Kraft Heinz Stock
The recent phenomenon of quickly emptying store shelves has sparked renewed interest in consumer staples stocks such as Kraft Heinz (NASDAQ: KHC). Though Kraft Heinz itself has not rallied, many of its peers have held their value or increased in price during the recent market sell-off.
However, the unexpected surge in demand for consumer staples will not last. In time, demand for these products should return to normal levels as society overcomes the coronavirus.
Unfortunately for Kraft Heinz, this means the problems that have plagued the company for years will probably return to the forefront.
Source Fool.com
