Hey Mr. Buffett, These Companies Are Just Like H.J. Heinz Company (HNZ)!

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Make up for a missed opportunity
Most British investors will have missed the opportunity with Heinz. But stocks that are good enough for the Sage of Omaha should be good enough for most investors. That’s why it’s valuable to compare the characteristics of companies on the LSE with companies that Buffett buys, even if the chances of a bid premium are remote.

There is another stock on the LSE that the billionaire investor fancies. What’s more, its share price is still at a level similar to that when he last bought the stock, and it’s trading on just 12 times forward earnings.

The article Hey Mr. Buffett, These Companies Are Just Like Heinz! originally appeared on Fool.com and is written by Tony Reading.

Tony owns shares in Unilever and Reckitt Benckiser but no other shares mentioned in this article. Motley Fool newsletter services have recommended buying shares of H.J. Heinz and Unilever.

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