12 Best Food Stocks to Buy Under $30

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2. The Kraft Heinz Company (NASDAQ:KHC)

Stock Price: $28.64

Number of Hedge Fund Holders: 43

The Kraft Heinz Company (NASDAQ:KHC) is one of the best food stocks to buy under $30. The company manufactures and distributes packaged food and beverages worldwide. Its offerings include cheese and dairy products, meals, tomato products, condiments, meats, sauces, refreshment beverages, and more. Its geographical segments of operation include North America and  International Developed Markets.

Although The Kraft Heinz Company (NASDAQ:KHC) is experiencing growing market pressure, it delivered robust cash flow performance in fiscal Q1 2025 and maintained a healthy balance sheet. Investors are optimistic about the stock’s performance because of this financial stability, which shows its ability to manage its resources effectively amid challenging conditions.

The Kraft Heinz Company (NASDAQ:KHC) is also scaling its brand growth system and plans to cover 40% of its business by the end of 2025, a notable expansion from 10% in 2024. The initiative aims to drive brand growth and superiority, reflecting the company’s strategic focus on bolstering its market position.

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