3 Value Stocks to Buy on the Dip: June 2024
Kraft Heinz(KHC) Investor Place·2024-06-26 18:00
It gets better. For fiscal 2024, analysts are projecting 7.9% growth in sales to $26.68 billion. And earnings per share may hit $3.03. If so, that would imply an expansion of the bottom line of 9.4%. Yet KHC trades at only 10.8X forward earnings, below the sector median of 15.48X. If you need more convincing, Kraft Heinz also offers a forward dividend yield of 4.86%. It's easily one of the value stocks to buy on the dip. Semiconductor specialist STMicroelectronics (NYSE:STM) presents a tricky case for value ...