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General Mills, Inc. Message Board

  • ianman9_99 ianman9_99 Feb 1, 2011 11:00 AM Flag

    just curious as to other investors' experiences

    Considering when I bought into this stock (around Dow 7500), its performance has been awful. I bought in right before it missed and plunged down into the 40s (pre-split). All in all, I still have a gain. Even if the market slows down, I wonder if this doesn't qualify as a primo defensive play b/c of all of the hubbub about inflated input costs. I'm most likely going to continue holding...just figued I'd see if I could get a conversation started.

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    • I bot some GIS back in '98.....small position.That lot has returned 10.4% on an annualized basis.
      Added to my position last year...strictly for the divs. Will hold for that reason.
      Potential food inflation affecting security pricing.

 
GIS
52.09-0.17(-0.33%)Apr 17 4:02 PMEDT

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