Was Jim Cramer Right About These 23 Stocks?

Page 12 of 23

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

Number of Hedge Fund Holders: 49

Cramer had a favorable view of General Mills, Inc. (NYSE:GIS) thanks to a strong quarter at the time:

“General Mills’ quarter was really, really good. I recommend the stock. 3.4% yield without a lot of GLP-1 exposure. I think you’re good to go on that one.”

The stock has dropped by 13.81% since then.

As per Cramer’s most recent comments on the 14th of March, General Mills, Inc. (NYSE:GIS) is likely to miss its numbers as he said:

“Now we’ve got some important corporate news Wednesday too. First, General Mills reports and I read a piece this morning that predicted that they missed their numbers. I know Mills is in the crosshairs of the Secretary of Health and Human Services, Bobby Kennedy Jr. (Robert F. Kennedy Jr.) because those artificially colored cereals make you want to eat stuff that’s too sugary.

Plus, it makes some fattening foods that won’t do well when people are continuing to adopt the GLP-1 weight loss drugs with a vengeance. I don’t expect a good number here and nobody else does either.”

Page 12 of 23