Top Consumer Service Stocks To Own For 2015

Top Consumer Service Stocks To Own For 2015: H.J. Heinz Company (HNZ)

H. J. Heinz Company manufactures and markets food products for consumers, and foodservice and institutional customers in North America, Europe, the Asia Pacific, and internationally. The company primarily offers ketchup, condiments and sauces, frozen food, soups, beans and pasta meals, infant nutrition, and other food products. It sells its products through its sales organizations, independent brokers, agents, and distributors to chain, wholesale, cooperative, and independent grocery accounts; convenience stores; bakeries; pharmacies; mass merchants; club stores; foodservice distributors; and institutions, including hotels, restaurants, hospitals, health-care facilities, and government agencies. The company was founded in 1869 and is based in Pittsburgh, Pennsylvania.

Advisors' Opinion:

• [By Matt Koppenheffer]

  But despite the 50% stake in a joint venture to buy H. J. Heinz (NYSE: HNZ  ) , which was announced recently, Berkshire's cash pile is building up again. I was hoping to hear Buffett say, "We've just bagged another "elephant."

• [By Steve Symington]

  That's too bad, considering that DaVita was the first company I singled out in February as a potential acquisition candidate for Berkshire after it announced a joint arrangement with 3G Capital to acquire H.J. Heinz (NYSE: HNZ  ) .

• [By Matt Koppenheffer]

  7. On the H.J. Heinz (NYSE: HNZ  ) deal: "It was an absolutely fair deal; I didn't have to change anything in the term sheet or the governance arrangement."

source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/top-consumer-service-stocks-to-own-for-2015-3.html