Jul. 1 at 3:38 PM
$JBS $PPC JBS analysts still have PTs way above where it is trading. This year they paid themselves (the Batista family that owns the company) a
$1 special dividend. they're closing meat packing plants in USA. SL at this year's lows seems like a good R/R trade for the second half of the year
Reaction to
$GIS ER is bullish for a bottom fishing, rotation into the staples sector. Big caveat though is the
$3 Billion cost cutting by 2030 target has anal-ysts plugging that number into their models and issuing buy, buy, buy.. given GIS forecast tiny decrease in revenues, and not much in profit gains would stock even be up today?
