Kraft Food (NASDAQ:KRFT)
CAPS Rating:
The king of comfort food, Kraft is the leading U.S. food company with brands that include Nabisco, Oreo, Oscar Mayer, and, of course, Kraft Macaroni & Cheese.
The king of comfort food, Kraft is the leading U.S. food company with brands that include Nabisco, Oreo, Oscar Mayer, and, of course, Kraft Macaroni & Cheese.
Recs
For such a trusted name, debt seems relatively high (.96 debt/equity ratio) and cash flows seem low (price/cash flow over 9). Earnings forecasts are stagnant and the charts are choppy. Nothiing really too appetizing at the moment.
I guess you're no fan of the Cadbury acquisition. It should (will) give them an avenue to take the $30 Billion in sales they do in developed markets and send it to the emerging world. I expect both volume and margins to jump together. This is the holy grail in today's food business.
This is an incredibly good time to pick up some low interest debt while acquiring companies and, subsequently, increasing earnings per share and revenue.
I mean, haven't you tried Cadbury's chocolate? It's freaking delicious!
vinney you just called a company the holy grail, isn't that maybe a bit of an overstatement? I like them too but easy on the superlatives