Kraft Foods
New York symbol KFT, is the world's second-largest food company after Swiss-based Nestle.
KRAFT FOODS INC. $36 (New York symbol KFT; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 1.8 billion; Market cap: $64.8 billion; Price-to-sales ratio: 1.2; Dividend yield: 3.2%; TSINetwork Rating: Above Average; www.kraft.com) plans to break itself into two separate, publicly traded companies by the end of 2012.
One company will sell snack foods, such as Oreo cookies, Cadbury chocolates, Trident gum …read more »
The three companies below aim to complete corporate breakups in 2012. Breakups generally help unlock hidden value and lead to above-average results in the years after the split. (See two good examples of strong post-split performance — Moody’s and Dun & Bradstreet — also in this issue). Moreover, the new, smaller companies could become attractive takeover candidates.
KRAFT FOODS INC. $36 …read more »
In the August 5, 2011, Wall Street Stock Forecaster hotline, we updated our buy/sell/hold advice on one of our long-time top stock picks, Kraft Foods Inc. (symbol KFT on New York). Kraft is the world’s second-largest food company, after Switzerland-based Nestle. Its owns many well-known brands, including Philadelphia cream cheese, Maxwell House coffee, and Oscar Mayer meats
Top stock picks: Kraft …read more »
Kraft Foods Inc., symbol KFT on New York, is the world’s second-largest food company, after Switzerland-based Nestle.
Kraft has 11 brands that generate over $1 billion each in yearly sales. Aside from Kraft (cheeses, pasta and salad dressings), the large cap stock’s brands include Philadelphia (cream cheese), Maxwell House (coffee), Nabisco (biscuits), Oreo (cookies), Trident (gum) and Oscar Meyer (meats).
In …read more »
Adding a stock market pick from the Consumer sector can add stability to your portfolio. That’s because these companies sell items, like food, that consumers must buy regardless of the direction of the economy. The best consumer stocks have built brands that have strong customer loyalty and produce steady, predictable revenue streams.
In a just-published issue of Wall Street Stock …read more »
Food companies add stability to your portfolio. While they have to deal with changing costs and eating trends, they benefit from continuous, habitual buying by regular customers regardless of the overall economy. The recession has prompted more consumers to switch to cheaper, generic brands. But falling raw-material costs will let these six top food companies lower their prices, maintain their …read more »
KRAFT FOODS INC. $26 (New York symbol KFT; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 1.5 billion; Market cap: $39 billion; Price-to-sales ratio: 0.9; WSSF Rating: Above Average) is the world’s second-largest food company after Nestle. Top brands include Kraft (cheese), Maxwell House (coffee), Nabisco (biscuits and cookies) and Oscar Meyer (meats).
Kraft faces strong competition from private-label foods, particularly in …read more »
KRAFT FOODS INC. $33 (New York symbol KFT; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 1.5 billion; Market cap: $49.5 billion; WSSF Rating: Above average) has replaced troubled insurance provider American International Group Inc. in the Dow Jones Industrial Average. This 112-year-old index of 30 stocks is one of the most widely followed stock market indexes in the world. Many …read more »
Washington Mutual Inc. recently cut its quarterly dividend, from $0.15 a share to $0.01. It now yields just 0.4%. The company needs to conserve capital in the face of rising loan losses and writedowns of mortgage-backed securities. As well, telephone directory publisher Idearc Inc. suspended its $1.37 dividend due to slowing advertising revenue.
Consequently, we’re moving Washington Mutual and Idearc from …read more »
KRAFT FOODS INC. $32 (New York symbol KFT; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 1.6 billion; Market cap: $51.2 billion; WSSF Rating: Above average) is the world’s second-largest food company after Swissbased Nestle. Leading brands include Kraft (cheese), Maxwell House (coffee), Nabisco (biscuits and cookies) and Oscar Meyer (meats).
In November 2007, Kraft agreed to merge its Post cereals business …read more »
