General Mills (NYSE: GIS) isn’t an exciting stock, and its business faces headwinds, but it is fundamentally sound, investing in a turnaround and trading at historically low valuations. The stock is valued at only 14x earnings in early 2025, well below the 18x 10-year average while offering an above-average yield.
The stock is yielding about 4% with shares near $59, on par with the 10-year treasury yield, providing comparable safety with potential for capital gains over time. It may take time for General Mills' price action to regain traction, but the odds are high that it will, and the multi-decade uptrend in its share price will continue.
