GIS is a stock I like for it's stability and dividend, I have owned it since 2009 and will continue to hold as long as the dividend (3.7%) remains stable.
The chart shows a divergence that are linked to the fundamentals of the company. Future Growth is negative and Management appears to be wallowing.
The positive signs:
The negative:
The chart shows a divergence that are linked to the fundamentals of the company. Future Growth is negative and Management appears to be wallowing.
The positive signs:
- Ichimoku 4/5 +
- rumors of take over from Nestley (premature),
- stable on-balance-volume
- very little insider trading
- ROE is outstanding
The negative:
- P/B is above 7, I would like to see it below 5.
My target price for adding is $46 - $47, and I will hold long.