Profit with these eat-at-home stocks: Kraft Heinz, Campbell Soup, Conagra and Lamb Weston

Article Excerpt

Shares of these four foodmakers continue to improve as COVID-19 restrictions keep people at home and limit their access to restaurants. That trend will likely continue even as vaccinations let governments ease stay-at-home guidelines. While all four of these stocks benefit from that new reality, we recommend three, in particular, for your new buying. KRAFT HEINZ CO. $38 remains a hold. The company (Nasdaq symbol KHC; Income Portfolio, Consumer sector; Shares outstanding: 1.2 billion; Market cap: $45.6 billion; Price-to-sales ratio: 1.8; Dividend yield: 4.2%; TSINetwork Rating: Above Average; www.kraftheinzcompany.com) is a leading maker of processed foods. Top products include Velveeta and Philadelphia cream cheeses, hot dogs under the Oscar Meyer brand, and Maxwell House coffee. As consumers shift to healthier options Kraft Heinz continues to adjust its portfolio in response to declining sales for its older brands. As a result, the company is now selling its Planters peanut business to Hormel Foods Corp. (New York symbol HRL) for $3.35 billion. Investor can expect the deal to…