General Mills, Inc. (GIS): Is It Time to Stock Up?

Additionally, management knows its been trigger-happy on acquisitions recently and admits it. As Powell said: “While we would like to expand our footprints internationally and we talked about that repeatedly, these opportunities came before us at a pace that we didn’t really expect and with very high quality as well. So we took advantage of those opportunities and we were very, very active.” He goes on to guide that in the next year General Mills will have much less merger and acquisition activity. That candor, as well as avoidance of padding its revenues with serial acquisitions, demonstrates a solid company.

Peeling back the label
General Mills must contend with commodity costs, keep up its operational efficiency, and stay on top of competitors in advertising to maintain its business, but it seems that its more than competent to do so. Take a closer look at this stock that many might consider boring, because it might just keep returning tremendous value for shareholders.

The article Time to Stock Up on General Mills Stock? originally appeared on Fool.com.

Fool contributor Dan Newman has no position in any stocks mentioned, and neither does The Motley Fool.

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