KHC Is Low-Hanging Fruit for Greg Abel: Which Warren Buffett Stock Will He Sell Next?

Greg Abel, who took over as Berkshire Hathaway’s (BRK.A) (BRK.B) CEO earlier this year could make its first major move by selling Kraft Heinz (KHC) shares. The conglomerate has registered to sell its 27.5% stake in the company, whose stock has underperformed terribly since the 2015 merger. For context, when Kraft Heinz started trading in 2015 as a merged entity, it opened at $71—over three times the current price levels. While the registration does not necessarily mean that Berkshire would sell KHC share ...