I have no interest in KFT but was looking at some dividend plays so I just took a look. I would NEVER buy a stock like this - OVER $40 bil of their assets are intangibles and goodwill! Their current liabilities greatly exceed cash and receivables. They have a negative tangible book value of over $18 billion! Any fund manager that buys or recommends crap like this I would run away from as fast as I could. Never touch a stock like this. Go to balance sheet and take a look!
I'm guessing you have changed your handle over time? In any case, are you hired by people to type messages like this one? I'm just curious if it's one of those "work from home" signs I see by the road side in run down neighborhoods? Your opinion is of course important to you. I'll hang with market experts including my Omaha buddy. (Not to be confused with Obama). But, now to remain productive, lunch is over and time for real work. Buy to .30
Perhaps some fund managers have taken a look, which may explain the tug-o-war between buyers and sellers which has kept this stock essentially range-bound since inception ( IPO @ $31 ). Buffett took a gander, bought 9% of the Company, then watched it drop eight points. When buying shares of Kraft, timing is everything.