13 Best Stocks to Buy for Retirement

5. The Kraft Heinz Company (NASDAQ:KHC)

Dividend Yield: 5.78%

Number of Hedge Fund Holders: 45

The Kraft Heinz Company (NASDAQ:KHC) ranks among the best stocks to buy for retirement. On August 20, JPMorgan began coverage of The Kraft Heinz Company (NASDAQ:KHC) with a Neutral rating and a $27 price target. The firm continues to take a cautious approach regarding the food manufacturer, noting that although Kraft Heinz’s dividend yield is attractive at 5.78% and its valuation multiples are already at historically low levels, the company continues to face difficulties in its North American business.

That said, the firm acknowledges some solid trends in certain areas of Kraft Heinz’s business, emphasizing advances in emerging market performance.

Despite these improvements, JPMorgan wonders how long The Kraft Heinz Company (NASDAQ:KHC) can continue to avoid implementing large price increases that have impacted the earnings outlooks of comparable lower-growth competitors.

The Kraft Heinz Company (NASDAQ:KHC) is a global leader in food and beverage production that was founded in 2015 by the merger of Kraft Foods and Heinz. The company makes a variety of items, including dairy, meat, sauces, drinks, and other commodities.