Morning Movers Gapping up $英伟达(NVDA.US)$stock rose 0.3% in volatile trading after the chipmaker revealed pricing and shipment plans for its anticipated Blackwell B200 chip. $英特尔(INTC.US)$stock rose 3.6% after the Biden administration announced it is awarding the tech giant nearly $20 billion in grants and loans to boost the country's chip output. $特斯拉(TSLA.US)$stock rose 0.6% after confirming a price increase for China...
General Mills' strategic focus led to improved market trends in Q3. Despite a 0.5% revenue drop, it beat estimates by 2.7%. Organic sales grew 3.3% YoY. Shareholders should feel optimistic as the stock is up 2.9%.
The company's EPS growth was largely due to higher adjusted operating profit, fewer net shares, and a lower adjusted effective tax rate, offset somewhat by increased net interest expense. The company continues to invest in its brands and capabilities for long-term profitable growth.
Experts recommend going organic to avoid unsafe pesticides like chlormequat. More research is needed on the health effects of pesticides found in oat-based cereals.
The insider selling at General Mills, despite high insider ownership, raises caution. The lack of insider purchases over the last year does not provide comfort. The company also has 1 warning sign that investors should be aware of.
Despite lower EPS growth, the market still values the company highly. Long-term shareholders have seen a 12% annual gain over five years. If fundamentals suggest sustainable growth, the current sell-off could be a worthy opportunity.
102582901 : meaning?