2015 Kraft Heinz merger struggles, Buffett's stake hints at potential stock rebound in 2024.
Buffett-backed Kraft Heinz (KHC) could see a stock rebound after years of disappointing investors. Since the 2015 merger of Heinz and Kraft, the stock has struggled, but Warren Buffett's continued stake suggests potential for recovery. The company's overhaul may finally be working, potentially leading to a parabolic rise in 2024 and beyond.
July 27, 2024
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