Billionaire investor Warren Buffett is one of the richest people in the world. But that doesn't mean every stock he buys is a winner. His company, Berkshire Hathaway, has gone through many stocks over the years.

Two companies that it still owns shares of that investors might find perplexing are Kraft Heinz (NASDAQ: KHC) and Bank of America (NYSE: BAC). Neither has performed well over the past five years. Should investors avoid these stocks, or could they be good buys at their reduced valuations?

Consumer goods company Kraft Heinz is known for having strong brands in its business. Kraft and Heinz are already common names in many pantries across the U.S. Philadelphia, Jell-O, and Kool-Aid are examples of many other well-known brands that Kraft owns and that are popular food options at grocery stores.

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Source Fool.com