Top 5 Gas Utility Stocks To Buy Right Now

Top 5 Gas Utility Stocks To Buy Right Now: H.J. Heinz Company (HNZ)

H. J. Heinz Company manufactures and markets food products for consumers, and foodservice and institutional customers in North America, Europe, the Asia Pacific, and internationally. The company primarily offers ketchup, condiments and sauces, frozen food, soups, beans and pasta meals, infant nutrition, and other food products. It sells its products through its sales organizations, independent brokers, agents, and distributors to chain, wholesale, cooperative, and independent grocery accounts; convenience stores; bakeries; pharmacies; mass merchants; club stores; foodservice distributors; and institutions, including hotels, restaurants, hospitals, health-care facilities, and government agencies. The company was founded in 1869 and is based in Pittsburgh, Pennsylvania.

Advisors' Opinion:

• [By Matt Koppenheffer]

  But despite the 50% stake in a joint venture to buy H. J. Heinz (NYSE: HNZ  ) , which was announced recently, Berkshire's cash pile is building up again. I was hoping to hear Buffett say, "We've just bagged another "elephant."

• [By CRWE]

  H.J. Heinz Company (NYSE:HNZ) reported a conference call and Webcast for Securities Analysts and Media (listen only) to discuss the Companys first-quarter Fiscal 2013 results and its Fiscal 2013 outlook at 8:30 a.m. Eastern time on Wednesday, August 29, 2012.

• [By Matt Koppenheffer]

  There's a lot that's not surprising about the acquisition. The size, if anything, is small. Buffett's been very vocal about his desire to make "elephant"-sized purchases. Nor is it surprising that the conglomerate is expanding its reach with a steady utility business. These types of businesses add stability to the insurance and consumer-goods-heavy Berkshire. And it shouldn't be all that surprising that the price for NV Energy doesn't look all that cheap. If theHeinz (NYSE: HNZ  ) deal reminded us of anyt! hing, it's that Buffett is willing to shell out a "full" price for a good buy.

source from Top Stocks To Buy For 2015:http://www.topstocksforum.com/top-5-gas-utility-stocks-to-buy-right-now-4.html