5 Best Beef Stocks to Buy Now

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n this article, we discuss the 5 best beef stocks to buy now. If you want to read our detailed analysis of these stocks, go directly to the 10 Best Beef Stocks to Buy Now.

5. The Kraft Heinz Company (NASDAQ:KHC)

Number of Hedge Fund Holders: 34     

The Kraft Heinz Company (NASDAQ:KHC) manufactures and markets food and beverage products in the United States, Canada, the United Kingdom, and internationally. The food giant has been increasing its investment in Indonesia in the past few months, aiming to tap into the country’s growing meat replacement market. The company plans to enhance its production capabilities and explore innovative solutions for plant-based meat alternatives. 

On May 5, Barclays analyst Andrew Lazar maintained an Equal Weight rating on The Kraft Heinz Company (NASDAQ:KHC) stock and raised the price target to $44 from $42, noting the company anticipates that organic sales growth will decelerate closer to its long term algorithm of 2%-3%. 

Among the hedge funds being tracked by Insider Monkey, Omaha-based investment firm Berkshire Hathaway is a leading shareholder in The Kraft Heinz Company (NASDAQ:KHC) with 325 million shares worth more than $12.5 billion.

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