Release

Today’s Research Reports on Trending Tickers: General Mills and Monsanto

U.S. markets rose Wednesday on the strength of financial and technology stocks. The Dow Jones Industrial Average gained 0.68 percent to close at 21,454.61, while the S&P 500 Index rose 0.88 percent to close at 2,440.69, its largest daily gain in two months. The tech-heavy Nasdaq Composite Index spiked 1.43 percent to close at 6,234.41, its largest daily gain in 8 months. Some analysts believe the recent weakness from the technology sector should be short lived.

“Stocks are fairly valued and technology shares had done really well. Seeing dips in some of the highflying shares at this stage is healthy,” said Kim Forrest, senior analyst and portfolio manager at Fort Pitt Capital Group.

RDI Initiates Coverage on:

General Mills, Inc.
https://ub.rdinvesting.com/news/?ticker=GIS

Monsanto Company
https://ub.rdinvesting.com/news/?ticker=MON

General Mills Inc.’s stock moved 1.62% higher Wednesday, to close the day at $56.42. The stock recorded a trading volume of 6,688,815 shares, which was above its three months average volume of 3,577,490 shares. In the last year General Mills Inc.’s shares have traded in a range of 55.57 – 72.95. The stock is currently trading 22.66% below its 52 week high. The company’s shares are currently trading below their 200-day moving average. Moreover, the stock’s 50-day moving average of $56.95 is below its 200-day moving average of $59.75. Shares of the company are trading at a Price to Earnings ratio of 20.90. Shares of General Mills have gained approximately 26.18 percent year-to-date.

Access RDI’s General Mills Research Report at:
https://ub.rdinvesting.com/news/?ticker=GIS

On Wednesday, shares in Monsanto recorded a trading volume of 2,820,164 shares, which was above the three months average volume of 1,826,650 shares. The stock ended the day 1.28% higher at 118.75. The share price has gained 21.98% from its 52 week low with a 52 week trading range of 97.35 – 118.85.The company’s shares are currently trading above their 200-day moving average. Moreover, the stock’s 50-day moving average of $116.90 is greater than its 200-day moving average of $112.27. Shares of Monsanto Company are trading at a Price to Earnings ratio of 27.32. Shares of Monsanto have gained approximately 44.93 percent year-to-date.

Access RDI’s Monsanto Research Report at:
https://ub.rdinvesting.com/news/?ticker=MON

Our Actionable Research on General Mills, Inc. (NYSE:GIS) and Monsanto Company (NYSE:MON) can be downloaded free of charge at Research Driven Investing.

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Disclaimer: This article is written by an independent contributor of RDInvesting.com and reviewed by Nadia Noorani, CFA® charter holder. RDInvesting.com is neither a registered broker dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.

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