General Mills (GIS +0.4%) could be the Lucky Charm in your portfolio, CLSA says in raising its...

|By:, SA News Editor

General Mills (GIS +0.4%) could be the Lucky Charm in your portfolio, CLSA says in raising its rating on the consumer foods company to Outperform. Along with lower commodity costs, GIS's H2 launch of 50 new products and ad spending ramp-up should boost the stock. Longer term, the firm sees significant upside internationally, particularly through Haagen-Dazs expansion in China.