Jim Cramer Says Tech Might Be “Favored” & Discusses 13 Stocks

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

Number of Hedge Fund Holders In Q4 2024: 49

General Mills, Inc. (NYSE:GIS) is a diversified food products company that sells a variety of items such as cereals, yogurt, and flour. As is the case with its peers, the stock hasn’t done well recently. General Mills, Inc. (NYSE:GIS)’s shares have lost 6% year-to-date and 14.7% over the past year. The stock dipped by 8% in March amidst pessimism about the economy and a downbeat outlook. In his earlier comments about General Mills, Inc. (NYSE:GIS), Cramer warned that some of the firm’s foods might not do well in today’s GLP-1 era. Here are his latest comments:

“. . .food companies are really terrible. Versus say 2007 and nine, where there was growth, there’s no growth in these companies. Campbell Soup, there’s no growth. Kraft Heinz, there’s no growth. General Mills, there’s no growth. These are really, they’re really [inaudible] companies.”