Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
NEW YORK (
) hit a new 52-week high Friday as it is currently trading at $41.62, above its previous 52-week high of $41.60 with 3.4 million shares traded as of 10:50 a.m. ET. Average volume has been 10.4 million shares over the past 30 days.
Kraft has a market cap of $72.94 billion and is part of the
industry. Shares are up 10.5% year to date as of the close of trading on Thursday.
Kraft Foods Inc., together with its subsidiaries, manufactures and markets packaged food products worldwide. The company has a P/E ratio of 20.4, above the average food & beverage industry P/E ratio of 20.2 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Kraft as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, increase in net income, good cash flow from operations and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full
52-week high stocks
or get investment ideas from our