11 Best Buy-the-Dip Stocks to Buy Now

3. General Mills, Inc. (NYSE:GIS)

Closing Price as on April 28: $55.75

52-week Low: $55.15

Number of Hedge Fund Holders: 49

General Mills, Inc. (NYSE:GIS) is a leading global packaged food company. Analyst Leah Jordan from Goldman Sachs maintained a “Buy” rating on the company’s stock, and the price objective stood at $68.00. The analyst’s rating was backed by a combination of factors affecting the company’s current and future performance. The analyst opines that General Mills, Inc. (NYSE:GIS) has been taking critical steps in a bid to enhance volume growth. Furthermore, Jordan lauded the company’s defensive portfolio, which the analyst believes is positioned more favorably compared to the peers.

During Q3 2025, the company saw continued positive market share trends in Pet, Foodservice, and International, and improvement in Pillsbury refrigerated dough and Totino’s hot snacks. In these 2 businesses, the company made incremental investments and witnessed positive returns. General Mills, Inc. (NYSE:GIS) remains focused on improving its sales growth in fiscal 2026 by stepping up its investment in innovation, brand communication, and value for consumers. This investment is expected to be financed by another year of industry-leading HMM productivity, together with anticipated new cost-saving initiatives focused on boosting its efficiency and enabling growth. General Mills, Inc. (NYSE:GIS)’s industry-leading Holistic Margin Management (HMM) productivity program is projected to deliver at least 5% savings in cost of goods sold in fiscal 2026. This exhibits ~$600 million in gross productivity savings.