Kraft Heinz Is Going To Sell Off

8/15/17

By Josh Arnold, SeekingAlpha

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Kraft Heinz (KHC) has been moving sideways for about a year now, unable to jumpstart its way to another rally. We’ve seen consolidations like this before from the food giant and indeed, the one that ended in early 2016 gave way to a very nice rally that put the stock into the channel where we find it today. But this time could very well be different as a weak Q2 report has investors selling the stock, and with good reason.

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