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General Mills Stock Goes Stale After Q2 Earnings: ‘This Is A Crowded Trade’

By Joel Elconin
Today, 11:01 AM
One of the few bright spots in the markets this year has been companies in the food industry. With inflation or not, people need to eat and feed their families. And companies in this industry can more easily pass on any increases in costs to produce their products, as consumers will cut corners somewhere else to put meals on the table.

GIS

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Morgan Stanley Thinks Packaged Food Group Will Offer Safe Havens For Investors In 2023

By Shivani Kumaresan
Today, 11:01 AM
Morgan Stanley analyst Pamela Kaufman has put forth the 2023 outlook for the performance of U.S. food companies. As consumers face increasing macro pressures, including ongoing inflation, rising interest rates, and rising unemployment, the analyst expects the packaged food group to continue to offer investors a safe haven, particularly in 1H23.

BRBR

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3 minute read

Nasdaq, S&P 500 Futures Point To Lackluster Start As Traders Mull BoJ’s Policy Move: Tesla, Nike, BlackBerry, Housing Starts Data In Focus

By Shanthi Rexaline
Today, 11:01 AM
US stocks look set for a modestly lower opening on Tuesday, as bargain hunting following four straight sessions of losses could mitigate the impact of an unexpected policy move by the Bank of Japan, or BoJ.

BABA