Once a dependable performer in the food category,
Kellogg (NYSE:
K)
has had some challenges and stumbles of late. Management hasn't just
tossed around buzzwords and waited in the hopes of things getting better
on their own. Instead, the company moved ahead on an aggressive deal in
acquiring
Pringles and has been actively restructuring the business and investing
in brand-building. The Street has already rewarded these efforts to
some extent and the shares aren't exactly cheap, but increased
confidence and a return to past multiples could offer some further gains
from here.
Please follow this link for more:
http://www.investopedia.com/stock-analysis/2013/Kellogg-Back-In-Its-Groove-K-GIS-MDLZ-NSRGY0208.aspx
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