Warren Buffett Has Held This Dividend Stock Since 2015. Should You Buy it Today?
Widely admired investment genius Warren Buffett, CEO of Berkshire Hathaway, has a reputation as a long-term investor. And he's held onto Berkshire's position in The Kraft Heinz Company (NASDAQ: KHC) despite the stock's underperformce for years.
Buffett bought H.J. Heinz in 2013 and merged it with Kraft Foods two years later. The new company initially traded at $71, but is changing hands at just $35 today. Berkshire Hathaway's stake is worth 26.8% of Kraft Heinz. So is Buffett just bag-holding, or is there a long-term opportunity waiting to shine?
Here is what you need to know about buying Kraft Heinz stock today.
Source Fool.com
Berkshire Hathaway Inc. A Stock
€605,000
0.500%
Currently there is a rather positive sentiment for Berkshire Hathaway Inc. A with 3 Buy predictions and 0 Sell predictions.
As a result the target price of 650000 € shows a slightly positive potential of 7.44% compared to the current price of 605000.0 € for Berkshire Hathaway Inc. A.
