Kraft Heinz has been passed around a lot between institutional investors over the last few years.  The staying power of the brands is nothing to be scoffed at, and the global reach is the envy of staples companies everywhere, but the company has also definitely been the victim of financial engineering.

FreightCar America’s turnaround is becoming harder to ignore. Q2 brought surging backlog, stronger cash flow, 45% of industry new railcar orders, a strategic acquisition, and a cleaner balance sheet that could finally let RAIL’s underlying earnings shine through.

Kraft Heinz is not a glamour story - and that may be the point. The latest quarter showed a business still generating strong free cash flow, protecting a 6%+ dividend, improving share trends, and redirecting energy away from corporate breakup theatrics and back toward brand investment. With the split paused, Berkshire’s exit largely digested, and management focused on discipline, productivity, and long-term brand building, KHC remains a quietly compelling contrarian value case hiding in plain sight.

MGP Ingredients’ latest quarter looked ugly on the surface, but the headline loss was driven largely by non-cash write-downs rather than a collapse in cash earnings. With management reaffirming 2026 EBITDA and free cash flow guidance, tangible book value rising, and the stock trading near book value, MGPI may be offering investors a classic post-earnings value setup.

Exclusively republished report from our archives - relevant today.

It seems that time and time again - the Trump administration proposes removing the requirement for public companies to report quarterly, instead favoring the European/Chinese standard of reports every 6 months.