H.J. Heinz Company (NYSE:HNZ)
It remains the country’s condiment king, but Heinz also produces soups, sauces, frozen meals, infant food, and other products.
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Lets see what Nelson can do..............
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Consumer staples. Working hard at improving bottom line through efficiency. Good cash bucket and room to grow. Growth temp retarded due to fight on board of directors.
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been rolling this year, primed for pull back
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with the changes pelz is going to install it will come back to outperform.
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strong core company
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Heinz will grow slowly over the next year, and will provide solid dividend yields.
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OK, part of my reason for picking Heinz is personal. My boyfriend's from Pittsburgh and even though I have no interest in the Steelers or Pirates, I do have an interest in this stock. The price is high right now, which could be worrisome in the short-term, but as a long-term prospect this is a fairly solid company.
Recs
One of Americas best know Branded product lines.
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