Why Covid winner Kraft Heinz could prove to be a value trap
As the share price uptrend shows, investors are regaining an appetite for US-listed Kraft Heinz, the branded food and beverage behemoth where legendary investor Warren Buffett holds considerable sway.Yet the $46.3 billion cap remains modestly valued for a global consumer staples giant due to worries over debt levels and the post-pandemic earnings outlook. Next debt is forecast to be $25.56 billion