Ramish Cheema
3 min read
In This Article:
We recently published a list of Jim Cramer Discusses Quantum Computing Stocks Among These 12 Stocks. In this article, we are going to take a look at where General Mills, Inc. (NYSE:GIS) stands against other stocks that Jim Cramer discusses.
General Mills, Inc. (NYSE:GIS) is one of the largest packaged food companies in America. The packaged food industry has been a regular feature of Cramer’s morning show this year. He believes that not only has inflation dented the demand for the industry’s products, but also that weight loss drugs threaten the industry’s long-term prospects. General Mills, Inc. (NYSE:GIS)’s shares are down by 13.9% year-to-date as they suffered an 8% dip in March. The dip was followed by a poor earnings report which saw the firm predict that its sales could fall by as much as 2% during 2025. Cramer’s latest remarks about General Mills, Inc. (NYSE:GIS) revolved around reports that the firm was considering divesting its China business:
“[On reports GIS is considering selling China Häagen-Dazs business] General Mills has to do something. I saw a rare Sell issued on General Mills”
A worker in a production facility packaging arbitrary food products, reflecting the company's commitment to comprehensive production standards.
Cramer discussed General Mills, Inc. (NYSE:GIS) in detail in May regarding long-term trends for the firm’s business:
“General Mills, which makes top drawer pet food, let’s go over that one. Incredibly popular cereals, you know them, Trix, Lucky Charms, Fruity Cheerios. When you were a kid, was there anything more fun than eating these for breakfast? I mean, they’re practically addictive for children, even for adults. I had some last week, and that’s the problem. Bobby Kennedy Jr. wants to demagnetize these cereals as well as make many other products that have artificial coloring that kids can’t resist.
