Could Kraft Heinz Be a Millionaire Maker Stock?

Kraft Heinz (NASDAQ: KHC) was once considered a good defensive stock. The combined company, born from the merger of Kraft and Heinz in 2015, owned a diverse portfolio of well-known brands and paid steady dividends.

Unfortunately, a consumer shift toward healthier and private-label brands, exacerbated by the management team's focus on cutting costs instead of innovating and marketing new products, caused Kraft's growth to stall out.

Image source: Getty Images.

Continue reading

Source Fool.com