10Mon·

(Brand) food manufacturers were punished during high inflation. See catch-up potential here when the market situation calms down. Favorable div. yield is also included.

01.01
General Mills logo
Bought x52 at €59.13
€3,074.76
22
10 Comments

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General Mills is a complicated thing. Basic consumption will not be the best in 2024 and the market is also very competitive. Kellogs or Kellanova wants to do more in the US market and then there's Nestle. Ge. Mills has many co-op products which is not exactly good for its own brand. I also want to get in, but that's kind of holding me back
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I joined with the first purchase in November. The valuation is okay for the first load.
If it falls further, I will buy more.
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Now underlying stocks are in demand ala coca cola, P&G, J&J, Hershey and I am glad that I bought early and sold tech. Up big today while others are down big today ;)
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Caught a good start ;)
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Nice share. Waiting for the 55€.....
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