Big Food On Sale, Part 1 Of 4: Kellogg Company

Introduction

Check out my latest article on Seeking Alpha covering Kellogg.  The stock is near a 52 week low and offers slow but steady growth.  I’ll have 3 other parts covering some other big food names near their 52 week lows also.

Summary

I consider it to be a hold and using Custom Stock Alerts I’ll be keeping an eye should the price drop further.  The company has a fair amount of debt and sales are currently declining.  Through cost savings initiatives the company should be able to drive moderate single digit earnings growth.

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