Actually, the CEO of $K (+0.83%) is right. Perhaps it wasn't exactly wise to make such a statement publicly, but Peter Lynch himself writes in his book that people eat cornflakes in times of crisis because they are cheap and nutritious and Kellogg is therefore a good investment. It's definitely on my wishlist too. Even if the chart doesn't look great 😄
Do you still buy Kellogg's? This is how the muesli shitstorm started
