GIS - General Mills: Outperforming The Sector Is My Base Case Scenario
2024-03-14 13:55:46 ET
Summary
- After stabilizing in recent months, General Mills, Inc.'s share price is now in a good position to outperform the consumer staples sector.
- The market remains focused on the company's organic revenue growth, but margin improvements are more important over the long run.
- Investors should keep a close eye on the Pet Food segment, which would be a key profitability driver for General Mills.
After falling sharply in the second half of 2023, General Mills, Inc. ( GIS ) share price has stabilized in recent months, as I once again turned bullish on the stock in December....
General Mills: Outperforming The Sector Is My Base Case Scenario