×

Kraft Split a 'Value-Enhancing' Endeavor

10:28 AM ET Fri, 23 Dec 2011

Kraft is trading near a 52-week high and has outperformed the broader markets. Erin Lash, Morningstar sr. stock analyst, says that when the company announced it was going to split the snack and grocery businesses, that was a value-enhancing endeavor.