Jim Cramer Says You Don't Have Anything For General Mills, Inc. (GIS) Unless It Combines With Kraft-Heinz

We recently published 10 Stocks That Were On Jim Cramer’s Radar As He Warned “It’s Too Early” To Buy. General Mills, Inc. (NYSE:GIS) is one of the stocks Jim Cramer recently discussed.

General Mills, Inc. (NYSE:GIS) is one of the largest packaged food products firms in America. Its shares have lost 22% year-to-date as the firm has been dragged down due to its sector’s woes. The troubles have affected General Mills, Inc. (NYSE:GIS)’s earnings, with the stock dipping by 5.7% in June as the firm reported its fiscal fourth quarter earnings. The results saw the company report a stunning 47% GAAP net income drop. Here is what Cramer said about General Mills, Inc. (NYSE:GIS):

“They’re all, not Bristol-Myers, my charitable trust owns, has not been good. But I think the others Campbell’s, General Mills, people feel, wait a second, it’s time for the great consolidation. We don’t have the FTC blocking us. We really have to just get some bandwidth. Mars has bandwidth. . .I do think that when you look at a stock like a General Mills, it yields five percent! General Mills is a very good company in a market that says listen we need more growth and they don’t have it.

“When do you get back in NVIDIA? But I think in the end, you’re going to want to buy growth. You’re always wanna buy growth. It’s always worked. And I think people seem to forget, and they want to gravitate towards General Mills. Unless General Mills wants to combine with Kraft-Heinz, you don’t have anything. Other than a 5% yield.”

While we acknowledge the potential of GIS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.