While the bull market in consumer stocks has slowed a bit over the past quarter, and Kellogg's (NYSE:K) performance has trailed others like General Mills (NYSE:GIS) and Post (Nasdaq:POST), the stock was still trading quite close to its 52-week high prior to its second quarter report. Unfortunately for shareholders, organic growth came in pretty weak. While the second half should be stronger from a margin perspective, a high valuation and less impressive growth trajectory could put these shares on ice for a couple of quarters.
Please follow this link to continue:
http://www.investopedia.com/stock-analysis/080113/kellogg-reports-unimpressive-earnings-k-gis-mdlz-pep.aspx
Investopedia: Kellogg Reports Unimpressive Earnings
0 comments:
Post a Comment
Click to see the code!
To insert emoticon you must added at least one space before the code.