I. Conservative Recommendation
Kraft Heinz (KHC)
Warren Buffett’s biggest bet has been dragging of late.
Let’s not forget that Kraft Heinz is a tightly managed ship. The company has implemented many cost-saving initiatives to boost growth amid tepid sales.
The company plans to save $1.7 billion in annual costs by the end of 2017 (up from $1.5 billion previously expected), primarily focused on workforce reduction along with factory closures and consolidations.
With growing awareness of the nutritional value of food products, Kraft Heinz launched several organic products without artificial ingredients.
With the stock technically oversold, this is likely a very good entry point for the stock.
II. Aggressive Recommendation
BlackBerry Ltd. (BBRY)
There is new buzz about BlackBerry as a potential acquisition candidate.
BlackBerry’s most attractive asset is its autonomous driving software, which already has 60 million users.
Google and Apple both are looking to build an operating system for autonomous vehicles. Tesla and Samsung are also players in this space. Finally, Qualcomm, NVIDIA and NXP Semiconductors each have compelling reasons to acquire BlackBerry for the same reason.
So don’t be surprised if a bidding war erupts for BlackBerry — resulting in a buy out far above its current share price.
Nicholas A. Vardy