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Compiling comments that experts make about stocks while on public TV.

2017-10-12

Opinion for Kraft Heinz Company (KHC-Q)

Signal Price Bias Subject Owned
DON'T BUY $78.150 OPTIMISTIC NORTH AMERICAN - LARGE & ETFs No

In the consumer staples space. There is going to be difficulty in terms of how it does relative to the more cyclical areas. Has performed poorly over the last while. P/E ratio is 20X Forward Earnings with about a 7%-8% growth rate. PEG ratio is about 2.6. That is at the high end of its 10-year historical record. He only owns Costco (COST-Q).

Stan Wong
Director & Portfolio Manager, Private Wealth Management, ScotiaMcleod http://www.stanwong.com

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