Posted in renovation

Kraft Heinz looks to balance ‘renovation and innovation’ in portfolio

DJ O’Keefe, 12, and his sister Dallas O’Keefe, 13, both of Rochester, NY, pose for a photo with the Oscar Mayer Weiner Mobile at the annual Berkshire Hathaway shareholder meeting in Omaha, Nebraska, May 4, 2019.

Scott Morgan | Reuters

As Kraft Heinz tries to make its new customers stick around after the coronavirus pandemic, the company is rethinking its approach to how it responds to trends. 

“We need to make sure that going forward, we have the right balance of innovation and renovation,” Carlos Abrams-Rivera, Kraft Heinz’s head of U.S. business, said in an interview.

Shares of Kraft Heinz were up 1% in afternoon trading after the company presented its long-term turnaround plan to investors. As its blueprint is implemented, the company is projecting long-term organic sales growth of 1% to 2% and adjusted earnings per share growth of 4% to 6%.

In the past, according to Abrams-Rivera, Kraft

Read More
Continue Reading Kraft Heinz looks to balance ‘renovation and innovation’ in portfolio
Posted in home

Inside the investment portfolio of a millennial homeowner

Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, like American Express, but our reporting and recommendations are always independent and objective.

  • Chase Hudgens is a 30-year-old business-development rep at IBM who contributes about $500 a month to his 401(k) and over $20,000 a year to two brokerage accounts.
  • He recently paid off a large student-loan balance and bought a home that he expects to appreciate in value by 5% every year.
  • Hudgens said paying off his debt enabled him to become a homeowner and invest more aggressively.
  • His goal is to become a millionaire by age 35.
  • Start investing today with SoFi »

Chase Hudgens didn’t come to investing easily.

The 30-year-old Georgia native graduated from college in 2012 with about $50,000 in student-loan debt. He had little guidance on how

Read More
Continue Reading Inside the investment portfolio of a millennial homeowner
Posted in home improvement storest

6 Home Improvement Stocks to Spruce Up Your Portfolio

Home improvement companies are having a moment.

All around the country people remain locked up at home, staring at the same four walls day in and day out because of the pandemic. The desire to improve one’s home, the need for something new and the sheer monotony of remaining indoors all day have led to a surge of interest among consumers in home improvement projects. Do-it-yourself projects and renovations are on the rise around the country. Companies that can supply customers with everything they need to spruce up their homes are enjoying impressive gains as a result. In fact, all six of the companies on this list have enjoyed tremendous growth over the last few months — and the long-term tailwind of an improving housing market gives all six of these home improvement stocks an excellent opportunity to enjoy impressive returns well into the future.

Home Depot (ticker: HD)

Thanks

Read More
Continue Reading 6 Home Improvement Stocks to Spruce Up Your Portfolio