Are you a fan of bargain stocks and Warren Buffett’s investing approach? If so, you’re in luck! While true value stocks are hard to come by these days, there are a few gems in Buffett’s Berkshire Hathaway portfolio that are currently trading at dirt cheap prices.
One such stock is The Kraft Heinz Company (NASDAQ: KHC). Despite a long, rough journey since its formation in 2015, Kraft Heinz is showing signs of a potential turnaround. The company has a new CEO who is focused on meeting consumer demands for low-cost, convenient food products, and is implementing cost-saving measures to improve its financial performance.
Buffett’s faith in Kraft Heinz is reflected in Berkshire Hathaway’s continued holding of 325 million shares in the company. And with the stock trading at a discounted valuation compared to the broader market, now could be a good time for investors to follow Buffett’s lead and consider adding Kraft Heinz to their portfolios.
For more insights on potential stock picks and investing strategies, consider subscribing to the Motley Fool Stock Advisor service. Their expert analysts provide guidance on building a successful portfolio and offer regular updates on top stock picks that could deliver strong returns in the future.
So, if you’re looking for a cheap stock with the potential to make you richer, consider giving Kraft Heinz a closer look. With a proven track record of success, Buffett’s endorsement, and a focus on innovation and financial improvement, Kraft Heinz could be a hidden gem in today’s market.
Disclosure: This article was originally published by The Motley Fool. The author has no positions in any of the stocks mentioned, and the Motley Fool may have positions in and recommend Berkshire Hathaway and Kraft Heinz.
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