Buffett Has Hopes for Heinz

Buffett Has Hopes for Heinz

Research  these Stocks on Kapitall’s Playground Now

 
research now

Your favorite ketchup brand will soon be coming under a new high profile owner. Last week, Warren Buffett’s company Berkshire Hathaway (BRK.A) announced that they would be buying H.J. Heinz Company (HNZ) for $28 billion. The transaction, which is currently taking place at about a twenty percent premium of the announcement day closing price, will be completed by the third quarter of this year.

The company is being purchased from a position of strength, as it is currently in the midst of thirty consecutive months of top line growth and has recently experienced an all-time high in share price. Additionally, over the last ten years, Heinz has consistently outperformed both the S&P 500 benchmark and the S&P 500 Packaged Foods Index. For fiscal year 2013, the company is on pace to accumulate $5.6 billion in annual sales and $800 million in income.

Berkshire Hathaway has made a point to keep in place many of the cultural factors that have led to Heinz’s success. For one, Pittsburgh will remain the headquarters for the company and they will continue many of the firm’s philanthropic initiatives. Buffett hopes that this will build on the firm’s profitable track record, including the rapid expansion into overseas markets that has occurred over the last decade.

Business Section: Investment Ideas

Nothing can help a company’s stock price like the golden touch of Warren Buffett, and do not be surprised if Heinz experiences a bullish run as well.

If you are thinking about now investing in Heinz because Buffett is, then you may be in interested in what other stocks Buffett holds. We have assembled a list featuring the top ten Berkshire Hathaway holdings based upon holdings value to help you start your research.

 

1. Wells Fargo & Company (WFC, Earnings, Analysts, Financials): Provides retail, commercial, and corporate banking services primarily in the United States. Market cap at $185.06B, most recent closing price at $35.14.
 

 

2. The Coca-Cola Company (KO, Earnings, Analysts, Financials): Distributes, and markets nonalcoholic beverages worldwide. Market cap at $168.96B, most recent closing price at $37.67.
 

 

3. International Business Machines Corp. (IBM, Earnings, Analysts, Financials): Provides information technology (IT) products and services worldwide. Market cap at $226.35B, most recent closing price at $200.32.
 

 

4. American Express Company (AXP, Earnings, Analysts, Financials): Provides charge and credit payment card products, and travel-related services worldwide. Market cap at $69.7B, most recent closing price at $62.28.
 

 

5. Procter & Gamble Co. (PG, Earnings, Analysts, Financials): Provides consumer packaged goods in the United States and internationally. Market cap at $211.38B, most recent closing price at $77.38.
 

 

6. Wal-Mart Stores Inc. (WMT, Earnings, Analysts, Financials): Operates retail stores in various formats worldwide. Market cap at $230.02B, most recent closing price at $68.76.
 

 

7. U.S. Bancorp (USB, Earnings, Analysts, Financials): Provides various banking and financial services in the United States. Market cap at $63.7B, most recent closing price at $34.08.
 

 

8. Phillips 66 (PSX, Earnings, Analysts, Financials): Market cap at $40.53B, most recent closing price at $64.76.
 

 

9. DIRECTV, Inc. (DTV, Earnings, Analysts, Financials): Provides digital television entertainment in the United States and Latin America. Market cap at $29.76B, most recent closing price at $49.26.
 

 

10. DaVita, Inc. (DVA, Earnings, Analysts, Financials): Provides kidney dialysis services in the United States. Market cap at $11.06B, most recent closing price at $115.90.
 

 

 

(List compiled by Kapitall's Dan Connelly)

 

Use Kapitall's Tools: Looking for ways to analyze this list?

Use this article snapshot as a launch pad (click here for help): Simply click on the links, and use Kapitall's tab navigation to browse through the data…
 

 

Analyze These Ideas: Getting Started
 


Dig Deeper: Access Company Snapshots, Charts, Filings
 


New to Kapitall?

1. New to the site? Click here to register for a free account, and gain access to more tools and data
2. Looking for more investing ideas like this? Click here to sign up for your free copy of Kapitall Weekly
3. Follow us on SeekingAlpha, Motley Fool, Nasdaq and Twitter

 


ABOUT KAPITALL WIRE

Kapitall Wire, which is not a broker/dealer, offers free cutting edge investing ideas, lively commentary and timely analysis of companies enhanced by interactive tools. And the Investing 101 section breaks complex concepts down to their basics, offering education to novices that doubles as a refresher course for more seasoned investors.

Kapitall Wire is a division of Kapitall Inc. Securities products and services are offered by Kapitall Generation, LLC, member FINRA/SIPC . Kapitall Generation, LLC is a wholly owned subsidiary of Kapitall, Inc.

playfor100kwirebanner2png

Leave a Reply

Protected by WP Anti Spam

wirebannerscompetepng