Should You Invest in Kraft Heinz?

PHOTO CREDIT: Kraft Heinz

OVERVIEW

The Kraft Heinz Company is a company based in the United States. The company manufactures and sells a wide range of food products around the world. The company operates under Capri Sun, Kraft, Heinz, Oscar Mayer, and many others. The company was founded in 1869.

Why You Should?

  1. Kraft Heinz is a great reopening play in an investor’s portfolio. The company saw a drop in demand for many of its commercial products as the pandemic shut down many restaurants and large venues. However, once the pandemic is over, the company will see strong growth across most of its brand categories.

Why You Should Not?

  1. The company faces tough competition in the food industry. Some of these competitors include J. M. Smuckers, Conagra Brands, Hershey’s, and many others. This competition might hurt the company and its investors in the future.

MY OPINION

I think that there are better food companies in the overall industry to invest in rather than Kraft Heinz because of tough competition, inflation and supply chain issues, changing consumer trends, as well as multi-billion dollar loss write-offs. However, the company is still a great reopening play, saw some benefits from the pandemic, and is a safe investment option as well.