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General Mills Stock Rises 12% in 3 Months: Is It Time to Hold or Exit?
GMGM(US:GM) ZACKS·2024-09-09 15:55

General Mills, Inc. (GIS) has seen its shares gain 12.2% in the past three months compared with the industry’s 7.3% growth. The branded consumer foods company has also surpassed the broader Zacks Consumer Staples sector and the S&P 500’s respective growth of 7.6% and 0.4%. However, not all that glitters is gold. Although General Mills has outpaced the industry and market at large, this momentum masks underlying headwinds that could weigh on its performance. The company is grappling with an increasingly toug ...