Breakfast Fundamentals (and Technicals)
Posted @ 3:15 pm by DanHey space cadets. Life sure can be rough in this day and age. What with the price of gasolina and potash, it’s no wonder that cereal prices keep going up. Bad news for some people (cereal eaters, natch), good news for…General Mills stock owners! That’s right, according to Jim Cramer, heirophant of the mystical and often paradoxical stock mahket to millions of ma and pa day traders, predicts smooth sailing for the coming months. Citing strengths in brand production, innovation and smart acquisition, JC feels that GM can weather the storm and outpace the other, possibly less whole-grained, manufacturers out there. More deets here.
A few points off the 52-week high, General Mills (GIS) is trading at 65.94 as of the time of this post.
Anyone in favor of a CerealBlogger index tracking fund? I’m thinking General Mills, Kellogg, ConAgra Foods…any other suggestions? COMMENTS PLZ!
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Wa-Wa-Wa-Wake up kids! It’s time for a sweet deal. After reading Dan’s gripping