Kraft (NASDAQ:KRFT) is trading near a 52-week high, north of $41 a share. But Kraft’s second quarter was hardly spectacular. In fact, the top line fell by 4% to $13.3 billion. So why is the market so happy with Kraft right now, as well as with other Dow components including Wal-Mart (NYSE:WMT), Coca-Cola (NYSE:KO), McDonald’s (NYSE:MCD) and Home Depot (NYSE:HD)?
In today's segment, research analyst Catherine Baab-Muguira and editor/analyst Isaac Pino discuss why investors can't get enough of Kraft and other dividend payers.
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