Economy Blog

Cramer welcomed Ken Powell, president and CEO General Mills (GIS), to the show to discuss his company’s prospects. Powell explained that General Mills has been able to grow its profits through increased productivity. He said cereal is a staple of the American diet and the company will do everything to keep it affordable even while raw costs are rising and food prices soaring. Powell said GIS continues to increase distribution and expand through more shelf space. Powell weighed in on the ethanol debate saying, “There’s no doubt this is the wrong time for ethanol. There’s never been a greater demand for food as food.” Cramer advised investors to buy this stock on any dip. …
Fuente Original

Cramer welcomed Ken Powell, president and CEO General Mills (GIS), to the show to discuss his company’s prospects. Powell said
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Fuente Original