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The Company and its subsidiaries are engaged in the manufacture and marketing of ready-to-eat cereal and convenience foods.
It's a market perform. It's meant to hold the fort. However, if the market dips, there will be periods when this stock will show outperformance. Any earnings growth over 5-6% a year is a bonus.Also today's PE 15.50 is slightly lower than historic PE recently of past 5 years of around 18-19.
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