Thoughts on Kraft Heinz (KHC)?

I was looking at them. They are very stable and I know Berkshire Hathaway was left holding the bag on a lot of their stock at $50+. But over the years, Berkshire didn't sell their KHC stock, which somewhat pricked up my interest - though it might not mean anything, since they also waited 5+ years to dump their IBM bags.

Anyway, KHC is a very...boring company. 100+ years of business, no significant growth in past 5 years, and under performed the S&P in the past 5 years.

The good: At least it has a stable dividend, though it likely won't grow too much at all for the next decade. Likely you can get a better return in treasuries. I was attracted to the stability but might wait for it to fall, because at $39.50 it seems a little overpriced. It also had an accounting scandal back in approximately 2016, but which seems to be getting cleared up.

I was also thinking...many of their biggest products are pretty BAD. Kraft Mac n Cheese, Kool Aid, Lunchables, and Maxwell House Coffee? It reminds me of a friend when I told him I ate lunch at the local convenience store...he just turned to me and said "That's not even real food". On the other hand, they got stuff like Philadelphia Cream Cheese and Heinz Ketchup.