Kraft Heinz Bears: There Will Be Ketchup

About: The Kraft Heinz Company (KHC)
by: Trapping Value
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Trapping Value
Deep Value, special situations, REITs, dividend investing

KHC spiked on its earnings report.

Analysts are still behind the curve on where earnings are headed.

20% higher stock price plus a nice dividend makes for a great total return over the next 12 months.

The dividend though could be cut and the probability of a cut did go up in our view.

Bears are still likely to lose big and should cover.

When we last covered The Kraft Heinz Company (KHC), we left with a bullish message:

KHC's current EPS run rate would allow for paying the dividend and reducing the debt by about $1.2