Thursday, February 14, 2013

Seeking Alpha: Heinz May Be A Buffett Stock, But This Isn't A Buffett Price

I was not surprised to see that Warren Buffett chose to use Berkshire Hathaway's (BRK.A) considerable cash hoard to acquire another high-quality consumer brand that sees shoppers buy the same products over and over across decades. Insofar as brand quality, return on capital, and high-return growth potential, H.J. Heinz (HNZ) is a Buffett stock through and through. That said, the price that Buffett was willing to pay is pretty shocking to me.

Please continue to the full article:
Heinz May Be A Buffett Stock, But This Isn't A Buffett Price

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