General Mills Stock Still Isn't Cheap Enough

Justin Sullivan/Getty Images News Cereal legend General Mills, Inc. (NYSE:GIS) has had a tough go of it in the past several months. The pandemic brought staples producers to the fore, as they had massive pricing power amid shortages and rampant inflation. However, that led to unsustainable share price gains in many of those companies, and General Mills was certainly one of those in my view. For the bulls, the good news is that GIS stock has been absolutely obliterated since the peak last May, all while  ...