The company continues to focus on growth areas such as health care, energy, alternative energy, and engines. CEO Jeff Immelt is still
(KFT) is Buffett's big food gamble. He also has trimmed it after saying the Cadbury deal was too expensive. With shares at $30.65, there is an implied upside of over 14% to the consensus price target objective of $35.06. Kraft is not overly expensive as it trades at about 14-times forward earnings expectations. The good thing about this DJIA component is that it offers investors a dividend yield of about 3.8%. The target price above $35 is one that stands out because the 52-week range is $26.40 to $32.67. The last time shares were above $35 was in 2006 and it was 2002 when shares traded in a range of $35 to $40.
7) Moody's (MCO) is another position that may feel like a misnomer as Buffett has trimmed the stake down to about 28.8 million shares. At $26.97 the implied upside to the consensus target of $30.07 is 11.5%. This is also one position that is at the lower-end of the ten top upside picks and the risk-reward to much of the Moody's business models makes this a puzzling pick. We have even noted that it is one stock Buffett should unload. Still, this made the Buffett screen and it trades at about 14-times current year earnings estimates. The dividend yield is about 1.6% and shares have already been above the consensus price target as its 52-week range is $18.50 to $31.04.
8) Procter & Gamble (PG) is shocking to see as a Buffett stock because the consumer products giant generally does not see huge share price swings. At $62.15, there is an implied upside of more than 14% to the $70.97 objective price target. This is one safe defensive stock that also offers growth and the 3.1% dividend has continued to grow and is expected to keep growing.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV