Filed under: General Mills (GIS), Stocks to Buy
Food giant General Mills (GIS), first discussed here on April 8, 2009, at a split-adjust price of .40 (.80 pre-split), has meandered during the past three months, but just look on that pause as a chance to scoop-up some shares of a premiere U.S. company.
And the reasons for the bullish view here are obvious enough. Demonstrated business model General Mills boasts solid brands (Cheerios, Wheaties, Lucky Charms, Total and Chex), good cash flow, economies of scale, and room for international expansion. Add productivity gain, marketing skill and a solid, split-adjust .12 annual dividend and GIS is one play that’s hard to pass up.
Continue reading Consider General Mills, Because Breakfast-In Is Still ‘In’
Consider General Mills, Because Breakfast-In Is Still ‘In’ originally appeared on BloggingStocks on Fri, 04 Feb 2011 15:00:00 EST. Please see our terms for use of feeds.
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