Is Kraft Heinz Stock a Buy?

Is Kraft Heinz Stock a Buy?

Kraft Heinz (NASDAQ: KHC) has been a perennial underpeformer since the 2015 merger that created the company. Like other packaged food staples, Kraft Heinz has gotten a nice bump from the coronavirus pandemic. Organic sales have surged 7.4% in the second quarter as consumers have spent more time at home and restaurants have remained closed, meaning more food spending has been taking place at grocery stores.