"These stocks are likely to bounce back for several reasons. First things first, the Federal Reserve is loosening monetary policy, and the roster of high-yielding assets is narrowing. Wall Street will be forced to dig deeper into the market for higher yield, and these three are among the most attractive as they have solid underlying businesses and have been paying growing dividends."
"General Mills sells consumer food products like cereals, yogurt, snacks, baking mixes, and more. GIS stock has fallen sharply in the past five years as weak unit sales and consumer demand forced the company to do price hikes. Moreover, GLP-1 weight loss drugs weighed down on the entire snacking industry. It is down over ~48% from its peak, but the selloff is moderating."
Dividend stocks have faced pressure from recent economic swings, leaving several high-yield names significantly down. The Federal Reserve is loosening monetary policy, narrowing high-yield asset choices and pushing investors to seek yield deeper in the market. General Mills sells cereals, yogurt, snacks and baking mixes, and its stock is down about 48% from its peak because of weak unit sales, price hikes, and GLP-1 drugs' impact on snacking. Analysts expect FY2026 EPS to decline about 13% before resuming growth and revenue to return to around 2% annually. General Mills carries $12.16 billion of debt, yields 5.15% forward, trades near 13 times forward earnings, and has a payout ratio near 65%.
Read at 24/7 Wall St.
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