Is Kraft Heinz Stock a Buy?
KHCKraft Heinz(KHC) The Motley Fool·2024-06-07 16:30

This packaged foods giant may be cooking up a turnaround.If you've ever struggled to get the last bit of ketchup out of a Kraft Heinz (KHC 0.88%) glass bottle, you might begin to understand the headache investors holding the company's stock faced over the last few years. Shares have been stuck in a tight range since 2021 and are currently down about 4% in 2024, underperforming the broader market. The impact of shifting post-pandemic consumer spending trends while dealing with inflationary cost pressures has ...