KHC Long - Broke 3 Year Downtrend & Strong Sales Ahead
I personally purchased shares of KHC at 28.60...I was a little late to the party. Nonetheless, I believe this is still a great safe yet high return opportunity. Given the current economic circumstances, if you're looking for a stock to own that has great cash flow, an amazing dividend yield, and lots of upside potential, I would bet on Kraft Heinz Company.
5.5% dividend
Strong earnings ahead
Broke multiple downtrends which have continued over the last 3 years
Food product sales will continue to soar during economic uncertainty
One of Buffett's top holdings
Let me know what you guys think. And, where do you all still see resistance?
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