) pushed the Food & Beverage industry higher today making it today's featured food & beverage winner. The industry as a whole closed the day down 0.4%. By the end of trading, General Mills Inc rose 27 cents (0.7%) to $38.23 on light volume. Throughout the day, 1.3 million shares of General Mills Inc exchanged hands as compared to its average daily volume of 4.9 million shares. The stock ranged in a price between $38.03-$38.39 after having opened the day at $38.08 as compared to the previous trading day's close of $37.96. Other companies within the Food & Beverage industry that increased today were:
), up 8.7%,
), up 7.4%,
), up 4.7%, and
), up 3.5%.
General Mills, Inc. manufactures and markets branded consumer foods worldwide. It also supplies branded and unbranded food products to the foodservice and commercial baking industries. General Mills Inc has a market cap of $24.75 billion and is part of the
sector. The company has a P/E ratio of 14.5, below the average food & beverage industry P/E ratio of 14.8 and below the S&P 500 P/E ratio of 17.7. Shares are up 6.7% year to date as of the close of trading on Wednesday.
TheStreet Ratings rates General Mills as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, good cash flow from operations, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full General Mills Ratings Report.
On the negative front,
Glg Life Tech
), down 10.3%,
), down 8.6%,
), down 5.6%, and
), down 5.2%, were all losers within the food & beverage industry with
) being today's food & beverage industry loser.
- Use our food & beverage section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the food & beverage industry could consider
) while those bearish on the food & beverage industry could consider
PowerShares DB Agriculture Sht ETN
- Find other investment ideas from our top rated ETFs lists.