Sell Kraft Heinz at 27 or higher
Potential for management to wow investors with spinoff details is outweighed by risk of a dividend cut.
We’re exiting our entire position of 200 shares of Kraft Heinz at a price of $27 per share or higher. Depending on the price received, our total return for holding the stock the past five years will be roughly 5 percent. Dividends received offset a capital loss of around $1,200, based on the initial entry point.
That level of return is obviously not what…
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