The Kraft Heinz Company (NASDAQ:KHC) is one of the Jim Cramer Warns Viewers About FOMO & Discusses These 19 Stocks.
The Kraft Heinz Company (NASDAQ:KHC) is a well-known American food company. Its shares have lost 16.8% year-to-date amidst struggles in the broader food sector due to inflationary pressures and weight loss drugs. The Kraft Heinz Company (NASDAQ:KHC)’s shares have tumbled on the back of several bearish catalysts. These include a miss of its fiscal fourth quarter revenue and a poor 2025 profit-per-share guidance of $2.685 which missed analyst estimates of $3.04. In his previous comments, Cramer has remarked on The Kraft Heinz Company (NASDAQ:KHC)’s poor value proposition. This time around, he shared that the firm was removing dyes from its food products:
“. . .and Kraft Heinz. . .Nestle, are all taking the dyes out. The synthetic dyes.”
Cramer’s earlier remarks about The Kraft Heinz Company (NASDAQ:KHC) were quite hard-hitting. Here’s what he said:
“Waste of your capital. Waste of your capital. There’s so many great stocks that have come down. I mean, unbelievable stocks that have come down so much that I can’t believe it. And I think you just gotta change, I mean, look, we’re looking at, for instance, Texas Roadhouse, okay. This one’s come down gigantically. It is now incredibly inexpensive, and it’s got what I regard as being a fantastic value proposition. I’d much rather see you in that than I would see in Kraft Heinz.”3
A closeup of an assembly line worker inspecting a newly produced jar of condiments and sauces.
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READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. This article is originally published at Insider Monkey.
