nysegis
Key Points General Mills’ uncharacteristic downtrend has produced a three-month losing streak.However, the last such streak in August 2021 was followed by a 45% run to record highs.The forward dividend yield is now at 3.2%, which is well above the consumer staples sector average of 1.9%.If General Mills rebounds 8% as the average Wall Street price target suggests, it would generate an 11.5% return over the next year including the dividend.5 stocks we like better than General MillsLike a soggy bowl of cereal, it’s been a forgettable summer for General Mills, Inc. (NYSE:GIS). Find A Qualified Fi...
ValueWalk
General Mills is a value relative to its peers in the consumer staples groupThe company reported $4.72 billion in net revenue for a gain of 4.0% over last yearGeneral Mills not only delivered solid results for Q3 but also gave very favorable guidanceGeneral Mills (NYSE:GIS) is no awe-inspiring portfolio of brands but it does have what the market wants; a stable, steady portfolio of brands that are in demand and the pricing power to ensure margin health, cash flow, and dividend growth. Q2 2022 hedge fund letters, conferences and more Find A Qualified Financial AdvisorEach advisor has been vette...
ValueWalk
Recession Resistant General Mills Rockets Higher OutlookWe’ve been interested in General Mills (NYSE:GIS) for some time now and we couldn’t be happier with the FQ4 2022 results. The company not only beat on the top and bottom line but issued favorable guidance in the face of mounting economic headwinds. The takeaway here is that defensive consumer staple stocks like General Mills are among the best positioned for today’s times and General Mills is among the best picks. Trading at only 18.5X it’s earnings outlook the stock is undervalued relative to its peers while paying an above-average divid...
ValueWalk
In hisDaily Market Notes report to investors, while commenting on the rising mortgage rates, Louis Navellier wrote: The markets are off this morning as the existing hot buttons reassert themselves. Ukraine is not cooling off; more sanctions are on the way as Biden travels to a NATO summit in Europe. Fed-speak is more hawkish as global rates rise and money flows out of fixed income. Rising mortgage rates are hitting home builders on top of higher construction costs. Q4 2021 hedge fund letters, conferences and more Crude oil is grinding higher with Brent now $120, fueling inflation concerns. Com...
ValueWalk
These companies can expect to get a financial boost from the upcoming games in Tokyo Q1 2021 hedge fund letters, conferences and more A lot is riding on the success of the Summer Olympics, which starts July 23 in Tokyo. Billed as the largest sporting event in the world, the Summer Olympics are expensive to stage, with this year’s Tokyo event expected to cost a record $15.4 billion. The one-year delay caused by the Covid-19 pandemic pushed the cost up 22%. However, a well-run Olympics can return healthy dividends to host cities and countries. The 2016 Games in Rio de Janeiro pumped $9 billion i...
ValueWalk
閲覧を続けるには、ノアドット株式会社が「プライバシーポリシー」に定める「アクセスデータ」を取得することを含む「nor.利用規約」に同意する必要があります。
「これは何?」という方はこちら