Here’s why one of Warren Buffett’s favorite stocks might be poised for a rebound: by skleb1234
After years of declining sales, packaged food giant Kraft Heinz is seeing its first sales bump in years thanks to higher demand during the coronavirus pandemic which has caused its stock price to jump in recent weeks.hit a coronavirus crisis-level low point on March 23, consumer stocks like Kraft Heinz have made a comeback thanks to higher demand during outbreak.
The company, which produces packaged food products and owns other brands like Oscar Mayer and Capri Sun, saw itsin years as Americans stock up on comfort food as they stay home due to the spread of coronavirus.
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