Is Kraft(nyse:kft) a good stock to have shares of?

Question

please tell my why, its price,p.e. ratio, dividend date etc...

Answer 1

No matter how bad the economy gets people have to eat. Kraft may not not be recession proof, but should be recession resistant.

Answer 2

Kraft is being hit big time by the rises in commodity (wheat, etc) prices, which are they mostly unable to pass on to a very stressed consumer.

Also, they depend upon people buying their "name brands."

But when times are tough, as they are now, people want generics.

Also, they don't deserve a PE ratio of 18 in this kind of economic environment. Their PEG ratio is 2.17, which is high. Lots of great companies have PEG ratios of under 1 today.