5 Reasons to Buy Kraft Heinz Stock Like There's No Tomorrow

The blue-chip consumer staples giant looks like an appealing investment again. Kraft Heinz (KHC 1.10%) has been a disappointing investment ever since it was created from the merger between Kraft and Heinz nine years ago. The combined company's shares opened at $48.55 on July 6, 2015, but they now trade just below$36. Kraft Heinz was initially considered a stable blue chip consumer staples stock, but it rattled its investors in 2019 with a $15 billion writedown on its top brands, a dividend cut, and the dis ...