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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.
Looking for Kraft to level off in the short term. While it is a financially great company, it has been on quite a run since the recession and is close to becoming overvalued, if it isn't already.With a beta of only .5, I don't believe KFT has a chance to outperform the market in the short to mid term. Shorting now since the dividend has been paid and I'll try collect one more downthumb for my accuracy.
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