Why is general mills a good investment

For now, based solely on IBD's chart analysis, the AMD stock closed the day at an all-time high as investors cheered the news, which isn't surprising as the new business could significantly boost the chipmaker's growth in the long run.

Let's see why the adoption of AMD's server chips by Meta is going to be a big deal. Japan's Subaru Corp on Thursday unveiled its first all-electric vehicle EV , the Solterra, the result of a two-year joint development project with its biggest shareholder, Toyota Motor Corp.

The sports utility vehicle SUV launch comes amid accelerating demand for EVs as nations around the world tighten environmental regulation to cut carbon emissions. The focus of China's Singles' Day shopping festival should shift from a "traffic and sales war" to one of science and technology, a state-backed newspaper said on Friday, describing the "worship of turnover" as incompatible with China's new development path.

The article in the Securities Daily comes a day after the annual shopping blitz spearheaded by Alibaba Group, which recorded The newspaper said the event had achieved many years of record breaking sales, but had also given rise to practices such as spam text messaging of users, unfair competition and merchants faking discounts.

Following the release, an investor conference call was held. Highlights for the year. The company plunges sharply into the red on the bottom line in its Q3, and misses analyst estimates. This was on the back of a string of analyst downgrades of the space-tourism company's stock following Q3 results that were unveiled at the beginning of the week.

Several analysts were quick to modify their views on Virgin Galactic stock after those results were published. Dow Futures 35, Nasdaq Futures 16, Russell Futures 2, Crude Oil Gold 1, Silver Vix CMC Crypto 1, GIS should gain substantially from the rising food prices. Furthermore, because consumer defensives perform relatively better in inflationary conditions, GIS stock should attract significant investor attention.

Also, its 2. However, its EPS is expected to grow 4. Its revenue is expected to increase 0. The POWR Ratings are calculated considering distinct factors, with each factor weighted to an optimal degree. GIS also has a C grade for Sentiment. Mixed analyst sentiment about the stock justifies this grade. View the top-rated stocks in the Food Makers industry here.

As a defensive stock, GIS should attract significant investor attention amid the current inflationary period. These wins came despite some historic inflation and manufacturing challenges brought on by an understaffed supply chain. Gross profitability declined, thanks mainly to soaring input costs. Investors can also see that success by following profits on a two-year track. The pet-food business has been a big contributor here.

General Mills isn't done tinkering with its portfolio, having just struck a deal to sell its European Yoplait business, even as it added several new brands to its pet-food category.

These moves are contributing to a brighter outlook for the fiscal year that just began. Sales should now barely decline compared to 's surge, executives said. Profits will be at the high end of their previous forecast, too. The updates add weight to management's claim that there's a new normal in the consumer packaged-foods industry, with consumers prioritizing cooking and eating around the home. At the same time, General Mills is positioning its portfolio to capitalize on the niches with the most attractive earnings profiles, like pet food.

As a result, investors might want to take a closer look at this stock, which has sat out of the stock market rally in General Mills entered the pandemic period with weak operating and financial trends. General Mills, like many other packaged food makers, has struggled with competition from healthier and private-label brands in recent years.

General Mills also struggled with waning interest in its core cereal brands. In response, General Mills divested weaker brands, bought new brands like organic food maker Annie's, and expanded into the premium pet food market with its acquisition of Blue Buffalo two years ago.

General Mills' strategy was arguably smarter, since it buoyed its margins as Kraft Heinz's margins crumbled. General Mills has struggled to grow its organic sales over the past five years, but price hikes and cost-cutting measures boosted its earnings -- even after it suspended its buybacks after its acquisition of Blue Buffalo in That percentage could continue rising as it deepens its online partnerships.

The COVID crisis throttled foot traffic at its Haagen-Dazs stores across Asia, but it easily offset that drop with robust sales of its packaged foods as shoppers stocked up on stay-at-home items. That temporary boost could fade after the pandemic passes, and it could still run out of room to offset its slower shipments with higher prices.

Private label and healthier brands could also keep pulling away fickle consumers. On the bottom line, General Mills will continue to execute its "Holistic Margin Management" plan, which cuts costs by continually installing energy-efficient technologies, optimizing the company's distribution network, and cutting packaging costs across its supply chain.

These granular moves should stabilize its earnings growth over the next five years, even if it struggles to grow its organic sales.