This Warren Buffett Holding Is Worth Avoiding Despite Its High Yield. Here's Why.
Kraft Heinz (NASDAQ: KHC) is one of Berkshire Hathaway's most significant holdings, with a current value of $9.1 billion, representing 3.3% of its equity portfolio. However, with a 67% decline over the last decade, it's not one of Warren Buffett's most successful holdings, and it remains to be seen whether there will be any changes in it when Greg Abel takes over the reins at Berkshire Hathaway.There's a strong case for avoiding this stock, and looking at it may reveal some useful considerations that value-oriented investors can take away.Buy low and sell high is not the only investing strategy in town, but it is the most popular. It might also lead you to buy Kraft Heinz stock, because there's little doubt that the maker of condiments, ready meals, snacks, and other foods seems like a good value on a cursory look.Continue reading

Kraft Heinz (NASDAQ: KHC) is one of Berkshire Hathaway's most significant holdings, with a current value of $9.1 billion, representing 3.3% of its equity portfolio. However, with a 67% decline over the last decade, it's not one of Warren Buffett's most successful holdings, and it remains to be seen whether there will be any changes in it when Greg Abel takes over the reins at Berkshire Hathaway.
There's a strong case for avoiding this stock, and looking at it may reveal some useful considerations that value-oriented investors can take away.
Buy low and sell high is not the only investing strategy in town, but it is the most popular. It might also lead you to buy Kraft Heinz stock, because there's little doubt that the maker of condiments, ready meals, snacks, and other foods seems like a good value on a cursory look.