10 Best Packaged Food Stocks to Buy Now

3. General Mills, Inc. (NYSE:GIS)

Number of Hedge Fund Holders: 49

General Mills, Inc. (NYSE:GIS) manufactures and markets branded consumer foods. It has more than 100 brands in around 100 countries across six continents. The company’s brand portfolio includes Annie’s, Betty Crocker, Cheerios, Wheaties, and more. Its operations are divided into the North America Retail, International, North America Pet, and North America Foodservice segments.

While the company’s organic net sales for fiscal Q3 2025 came below expectations due to retailer inventory headwinds and a slowing in snacking categories, General Mills, Inc. (NYSE:GIS) drove continued positive market share trends in a number of its categories. It is focusing on improving its sales growth in fiscal 2026 by boosting brand communication, increasing investments in innovation, and raising customer value. It expects to fund these initiatives through expected new cost-saving initiatives chalked out to enable growth and boost efficiency.

General Mills, Inc.’s (NYSE:GIS) long-standing record of deploying cash through capital investments, share repurchases, dividend growth, and M&A ranks it among the best packaged food stocks to buy now.