General Mills' (NYSE: GIS) stock sell-off, warranted or not, has aligned its market with long-term trends and presents a generational opportunity for investors. At mid-September levels, the stock is trading at historically low valuations and yielding nearly 5%, a fascinating figure given the outlook for interest rates.
With interest rates on track to decline over the next few years, high-yielding consumer staples stocks like General Mills will become ever more favorable, and those with a history of distribution increases will be even more so.
