Investopedia: Heinz's Growth Doesn't Seem To Merit This Kind Of Premium

There's quite a lot to like about Heinz (NYSE:HNZ). No other company really comes close to matching their U.S. share in condiments like ketchup or Worcestershire sauce, and the company has enviable exposure to faster-growing emerging markets. That said, the company's North American growth really isn't that much better than its peer group and earnings are going to be pressured by increased spending to grow the emerging market businesses. With that in mind, paying a premium for Heinz's stock today seems like a bad move.

Please read more here:
http://stocks.investopedia.com/stock-analysis/2012/Heinzs-Growth-Doesnt-Seem-To-Merit-This-Kind-Of-Premium-HNZ-GIS-CAG-KFT0529.aspx