5 Best Confectionery, Cookie and Snack Stocks to Buy

3. General Mills, Inc. (NYSE:GIS)

Number of Hedge Fund Holders: 40

General Mills, Inc. (NYSE:GIS) manufactures and markets branded consumer foods. Its products include cereals, snack bars, fruit and salty snacks, ice cream, and more.

Stifel’s Matthew Smith resumed coverage of General Mills, Inc. (NYSE:GIS) shares with a Buy rating on April 13.

Analysts have placed an average price target of $90.08 on General Mills, Inc. (NYSE:GIS) shares. The stock was trading at $88.63 on April 30. This gives it an upside potential of 1.64%.

Our hedge fund data shows 40 hedge funds long General Mills, Inc. (NYSE:GIS) in the fourth quarter, with a total stake value of $775 million.

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