Warren Buffett Owns Over 138 Million Shares Of Kraft At Berkshire Hathaway, Should You?
The legendary investor has been accumulating shares of Kraft ever since it was spun-off from Altria. It now represents over 7% of his portfolio and with the stock down since the Oracle purchased his stake, is it time for value investors to take a bite?
Kraft is the largest U.S. food company and the second largest after Nestle. With food and beverage brands including Kraft, Nabisco, Oscar Meyer, Post, Maxwell House, Philadelphia, Jello and Oreo, Kraft has strong customer loyalty as evidenced by its #1 market share position in over 70% of its categories. Kraft has marketing and/or distribution channels in over 155 countries and is the second largest food producer in the world behind Nestle. Click here