General Mills Inc. (GIS): Today's Featured Consumer Goods Winner

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

General Mills ( GIS) pushed the Consumer Goods sector higher today making it today's featured consumer goods winner. The sector as a whole closed the day up 0.7%. By the end of trading, General Mills rose 43 cents (1%) to $41.77 on average volume. Throughout the day, four million shares of General Mills exchanged hands as compared to its average daily volume of 3.6 million shares. The stock ranged in a price between $41.28-$41.87 after having opened the day at $41.44 as compared to the previous trading day's close of $41.34. Other companies within the Consumer Goods sector that increased today were: Quiksilver ( ZQK), up 11.9%, Xerium Technologies ( XRM), up 11.8%, Global-Tech Advanced Innovations ( GAI), up 10.3%, and Frederick's of Hollywood Group ( FOH), up 8.7%.
  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

General Mills, Inc. manufactures and markets branded consumer foods worldwide. The company also supplies branded and unbranded food products to the foodservice and commercial baking industries. General Mills has a market cap of $26.72 billion and is part of the food & beverage industry. The company has a P/E ratio of 15.2, below the S&P 500 P/E ratio of 17.7. Shares are up 2.2% year to date as of the close of trading on Thursday. Currently there are 12 analysts that rate General Mills a buy, no analysts rate it a sell, and five rate it a hold.

TheStreet Ratings rates General Mills as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, expanding profit margins, good cash flow from operations and compelling growth in net income. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer goods sector could consider iShares Dow Jones US Cons Goods ( IYK) while those bearish on the consumer goods sector could consider ProShares Ultra Sht Consumer Goods ( SZK).

HOLIDAY SPECIAL: Let Jim Cramer show you every trade he is making in his $2.5 Million portfolio. Join now for 14-days FREE. Sign up today to get e-mail alerts before every trade.
null

If you liked this article you might like

A Defining Moment in Food Stocks Is Upon Us

Food Stocks Go Hungry; China Pressure -- Jim Cramer's Top Thoughts

Cramer: Food Stocks Are Going Hungry

Watch Out For the Dominoes That Fall: Cramer's 'Mad Money' Recap (Wed 9/20/17)

Dow, S&P 500 Set New Records as Fed Moves to Unwind Balance Sheet