10 Best Food Stocks to Buy According to Billionaires

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1. The Kraft Heinz Company (NASDAQ:KHC)

Total Number of Billionaires: 15 

Dollar Value of Billionaire Holdings: $10,606,160,943 

The Kraft Heinz Company (NASDAQ:KHC) tops our list for being one of the best food stocks. It is a global leader in the food and beverage industry that was formed in 2015 through the merger of Kraft Foods and Heinz. The company manufactures a variety of goods, such as meat, dairy, sauces, drinks, and other commodities.

In Q4 2024, The Kraft Heinz Company (NASDAQ:KHC) reported a mixed bag of results, with increased profitability offsetting decreased revenue. Due mostly to unexpected tax benefits and fewer outstanding shares, the company posted an adjusted EPS of $0.84, up $0.06 from market estimates. However, due to a decline in organic sales, its Q4 revenue was reported at $6.58 billion, which was 5% lower year-over-year and marginally less than the $6.66 billion forecast. Stifel updated its forecast for The Kraft Heinz Company (NASDAQ:KHC) in light of these findings, lowering the price objective from $32 to $31 but maintaining a Hold rating.

According to the Insider Monkey database, 43 hedge funds owned stakes in The Kraft Heinz Company (NASDAQ:KHC) in Q4 2024, up from 39 in the previous quarter. The consolidated value of these stakes is nearly $11 billion. Warren Buffett’s Berkshire Hathaway was the company’s leading stakeholder in Q4.

Overall, KHC ranks first among the 10 best food stocks to buy according to billionaires. While we acknowledge the potential of food companies, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than KHC but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires 

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