Is General Mills, Inc. (GIS) Overvalued? Consider This Stock Instead

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Conclusion

At 20.4x past earnings and a 52-week high, ConAgra looks quite expensive. General Mills, on the other hand, trades at a decent multiple but with poor growth prospects. In my view, one of the best food marketers to buy right now is Mondelez International Inc (NASDAQ:MDLZ) . This company comes equipped with all of the great brands behind the Kraft Foods Group, and it is focused on rolling out its portfolio abroad. In particular, it is looking to acquire local brands and then roll them out into neighboring markets. With growth forecasts for a 12% rate over the next five years, upside exceeds that of General Mills and ConAgra. I recommend buying on this sentiment.

The article Is General Mills Overvalued? Consider This Stock Instead originally appeared on Fool.com and is written by David Gould.

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