Are KHC, HRL, and CPB really worth holding long term?
Are KHC, HRL, and CPB really worth holding long term?
Personally, I wouldn’t touch them. I’d rather park money in solid dividend-paying utilities than these three.
All of them have stagnant revenue, and if you check their stock charts over the past 5 years… not a pretty sight. No real growth. They can’t hike food prices too much without backlash, but their costs keep rising. That squeeze doesn’t go away.
already slashed their dividend back in 2019 exactly because of these issues. Could they do it again? Honestly, I wouldn’t rule it out. I used to own KHC and got out with a small profit. Love their products (Mac & Cheese, Heinz Ketchup are staples for me), but that doesn’t make it a good stock IMO.
and at least raise dividends, but with flat revenues, how long can that really continue? I buy Hormel’s Skippy peanut butter and their bacon, and I do pick up Campbell’s soups now and then. As consumers, their products are great. As investors? Different story.
At the end of the day, you’ve gotta ask yourself: is collecting a dividend worth it if the stock price just keeps bleeding out?
