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Actionable news in GIS: GENERAL MILLS Inc,

General Mills Cost-Cutting, Growth Prospects Make It a Solid Income Stock

Sometimes a stock shines from the start, offering both income and growth.

General Mills (GIS - Get Report) is one such stock and it's ready to surge ahead and deliver significant value. The company has made sound, cost-cutting moves and is well-positioned to expand.

Here's why it's a buy-and-hold stock well suited for an retirement strategy. It's not a true "Dividend Aristocrat" yet, but it's on track to soon becoming one, so the time to buy it is now.

GIS Chart

GIS data by YCharts

Robust and Reliable

To earn the title Dividend Aristocrat, a stock must be an S&P 500 constituent that has increased dividend payouts for 25 consecutive years. General Mills and its former parent entity have paid...