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Warren Buffett Has Held This Dividend Stock Since 2015. Should You Buy it Today?
KHCKraft Heinz(KHC) The Motley Fool·2024-03-06 14:53

Widely admired investment genius Warren Buffett, CEO of Berkshire Hathaway, has a reputation as a long-term investor. And he's held onto Berkshire's position in The Kraft Heinz Company (KHC 0.28%) despite the stock's underperformce for years.Buffett bought H.J. Heinz in 2013 and merged it with Kraft Foods two years later. The new company initially traded at $71, but is changing hands at just $35 today. Berkshire Hathaway's stake is worth 26.8% of Kraft Heinz. So is Buffett just bag-holding, or is there a lo ...