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General Mills (GIS) Barchart Chart of the Day

|Includes: General Mills, Inc. (GIS)
Barchart.coms Chart of the Day - General Mills (NYSE:GIS)
Barchart Research Team - - Thu Sep 22, 7:23PM CDT
Related Stocks
GIS - General Mills
Sym Last Chg Pct
GIS 39.50 +1.06 +2.76%

The "Chart of the Day" is General Mills (GIS), which showed up on Thursday's Barchart "All Time High" list. General Mills on Thursday rallied by 2.76% and edged above the May 2011 high of $39.67 to post a new all-time high of $39.80. TrendSpotter has been Long on General Mills since Aug 31 at 37.91. General Mills on Wednesday reported fiscal Q1 EPS of 64 cents, above the consensus of 62 cents. Management said it expects the company's pace of growth to strengthen as the year unfolds. Gabelli on Thursday reiterated its Buy rating on General Mills and said that the company's profitability can improve further on the faster growth in its higher-margin categories. General Mills, with a market cap of $24 billion, is one of the world's largest producers of packaged consumer foods.

How we found the Chart of the Day:

We found the "Chart of the Day" by scanning the Barchart "All Time High" list. In order to get to that list, we first clicked on the Stocks menu item on the Barchart home page, then on the "All Time Highs" menu item on the left menu bar. We then sorted the list by percentage gainers by clicking on the "Percent" column title. A stock that has posted a new All-Time high is typically showing strong upside momentum.

The status of Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the web site when you read this report.

  • TrendSpotter: Buy
  • Short-Term Indicators: 100% Buy
  • Medium-Term Indicators: 50% Buy
  • Long-Term Indicators: 33% Buy
  • Overall Average 72% Buy

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