Back in March we wrote a blurb, Playing the BRICS, about Mendelez, MDLZ, the food company that was part of Kraft's breakup.
The stock hasn't set the globe on fire, though it's up more than 12% on the year. Back then we emphasized the hidden value in the shares. We think it's still there. Value nearly always has some blemishes otherwise it wouldn't be value as in under-appreciated or overlooked.
Overlook the debt, this is a company with upside potential from several catalysts besides its products.
http://online.wsj.com/article/SB10001424127887324125504578511432129533160.html?KEYWORDS=Kraft
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