The stock has languished, but we still like this wide-moat company.
We estimate the acquired mix will contribute just a low-single-digit percentage to sales, and as such, it doesn't stand to alter our fair value estimate.
The wide-moat firm's efforts to leverage its scale and reach on its home turf to further entrench relationships with its retail partners are bearing fruit.
We view Kraft Heinz as fairly valued but don't expect to alter our fair value estimate.
Investors would be wise to stock up while shares trade at a 15%-20% discount to our valuation.
The wide-moat firm's enviable portfolio of beverage and food brands support its edge.
Lackluster fundamentals and competitive pressures persist, but fail to warrant the recent retreat in shares.