As economic growth worries grip investors, it's prudent to invest in safe defensive stocks like Otter Tail (OTTR), Pilgrims Pride (PPC) & MYR Group (MYRG) for better returns.
General Mills (GIS) has slightly upped its fiscal 2022 view, as part of the 2021 Barclays Global Consumer Staples Conference. It also offered a business review and reiterated its three core priorities....
Online grocery purchase has been gaining traction since the onset of the pandemic, which is helping stocks like Celsius Holdings (CELH), J & J Snack Foods (JJSF) and SunOpta (STKL).
Lamb Weston (LW) is battling input and transportation cost inflation along with supply-chain hiccups. The company's Retail segment is seeing tough sales comparisons with the year-ago period.
The J.M. Smucker (SJM) is bearing the brunt of commodity cost inflation and supply-chain volatility. Management trims earnings view during its last quarterly release.
Conagra Brands (CAG) expects cost inflation of 9% in fiscal 2022. The company is also seeing tough comparisons with the year-ago period's initial pandemic-led demand spike.
Strength in Kraft Heinz's (KHC) operating model, which incorporates five key elements, bodes well. However, cost inflation is a persistent challenge for the company.
With investors bracing for a Wall Street fall, it's judicious to invest in less risky stocks from non-cyclical sectors like Atmos Energy (ATO), Otter Tail (OTTR), & J & J Snack Foods (JJSF).
An earnings miss started a string of negative earnings estimate revisions for this stock.
General Mills' (GIS) core priorities, focus on the Accelerate strategy and saving initiatives have been aiding the company amid an inflated cost scenario.