Cost savings should spur earnings

KRAFT HEINZ CO. $35 is a buy. The company (Nasdaq symbol KHC; Income Portfolio, Consumer sector; Shares outstanding: 1.2 billion; Market cap: $42.0 billion; Price-to-sales ratio: 1.7; Dividend yield: 4.6%; TSINetwork Rating: Above Average; www.kraftheinzcompany.com) is a leading producer of processed foods. Its top brands include Philadelphia cream… Read More

Maple Leaf aims for ‘pure-play’ gains

A key reason why spinoffs tend to work out well is because investors prefer “pure-play” firms that they can more easily evaluate and compare to other stocks.
Iconic food maker Maple Leaf Foods now plans to set up its less-profitable hog processing business as a separate,… Read More

Kraft may sell Oscar Mayer

KRAFT HEINZ CO. $32 is a buy. The company (Nasdaq symbol KHC, Conservative-Growth Dividend Payer Portfolio; Consumer sector; Shares o/s: 1.2 billion; Market cap: $38.4 billion; Dividend yield: 5.0%; Dividend Sustainability Rating: Average; www.kraftheinzcompany.com) is a leading producer of processed foods. Top brands include Velveeta and Philadelphia cheese products,… Read More