General Mills Inc. (NYSE:GIS) has been the focus of much speculation recently. Investment firms such as Measured Risk Portfolios, Minot DeBlois Advisors and Focus Partners Wealth have all either increased their positions or initiated new stakes in the company. Even as analysts have had a mixed view, it has been recognized among cheap dividend stocks and seen as a defensive play with a yield surpassing 8%. Notwithstanding, the firm has not been immune to the market’s downturn, with its shares hitting a 52-week low and earnings potential being marked down by UBS. In an attempt to boost their portfolio, the large-cap value stock has unveiled limited-edition Marvel Thunderbolts Wheaties Box. However, investor sentiment remains divided with Jim Cramer suggesting warning against GLP-1 Weight loss meds taking over and encouraging a merger with Conagra. Recently, General Mills Inc. (NYSE:GIS) reported a dip in earnings and lowered outlook despite strategic innovations and marked a decrease in snacking demand. While analysts expect a decrease in earnings, others see it as one of the best Consumer Staples Dividend Stocks to invest in.
General Mills GIS News Analytics from Fri, 22 Nov 2024 08:00:00 GMT to Sat, 17 May 2025 20:36:34 GMT -
Rating 2
- Innovation -3
- Information 7
- Rumor -6
