Kraft Heinz Is Attractively Valued

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About: The Kraft Heinz Company (KHC)
by: Aristofanis Papadatos
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Aristofanis Papadatos
Oil & gas, portfolio strategy, value, bonds
Summary

The market has punished KHC to the extreme for its accounting issues and its poor recent results.

However, KHC is in the early phases of a major turnaround, assisted by its new CEO.

Thanks to its cheap valuation and its 5.1% dividend yield, KHC is likely to offer a double-digit average annual return over the next four years.

Kraft Heinz (KHC) has rallied 25% off its bottom, which was recorded almost five months ago. However, the stock remains cheaply valued and it is still trading 35% below the level it was