Is Kellogg a Buy?
Shares of Kellogg (NYSE: K) fell 20% between the beginning of 2017 and the end of 2018 as consumers transitioned away from cereal products. During 2019, Kellogg's share price increased 18.8% with new CEO Steven Cahillane at the helm, driving efficiency and expanding profitable segments.
What does 2020 look like for this consumer staples product manufacturer? Three factors should renew investors' outlook on Kellogg, creating a compelling opportunity for establishing a long-term position.
Image source: Getty Images.
Source Fool.com
