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But getting back to basics, I always like a good value investment. May buy a long position in this shortly.
Talking about General Mills (GIS). Currently $45/share.
It has all the makings of value stock.
* 15 PE ratio
* 4.29% dividend
* trading at bottom of 5 year range. Was over $60/share in 2018
* Profitable by any and all measures. Cash flow is more than enough to handle their debt.
*Acquired Blue Buffalo for entry into the Pet Food business
Nothing exciting here but I think this one should jump back to $55 in no time.
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