$WK Kellogg (KLG.US)$I am a new stock investor. Checking with the experts what is a good entry price for this stock ? Anyone know why it is falling so much? Appreciate your guidance for a student.
The$Dow Jones Industrial Average (.DJI.US)$sank more than 800 points Monday and the$Nasdaq Composite Index (.IXIC.US)$shed some 4% as stocks tumbled on U.S. recession fears. The Nasdaq led the way lower, tumbling 726.16 points (3.99%) -- its worst one-day percentage loss since September 2022 -- to 17,470.06. The$S&P 500 Index (.SPX.US)$gave back 153.8 ticks (2.7%) to 5,616.4, while the DJIA shed as much a...
Happy Wednesday, December 11th. The market climbed Wednesday, with a fresh Nasdaq all-time trading high after 10:10 am, all after CPI Inflation came in right as expected. The index sits 50 points away from a symbolic, cool-looking high of 20,000 points. $Macy's (M.US)$reported earnings Wednesday morning, coming in lower than hoped, while the firm cut its forward guidance expecting weak holiday shopping. Macy's had delayed its ...
$WK Kellogg (KLG.US)$some of my best multi baggers have been KLG and$MasterBrand (MBC.US)$both dipped hard after the spinoff and both have returned incredibly since bottoming.. just dont stress and average down as low as possible.. and hold
Despite forecasts of revenue decline, the company's P/S ratio aligns with most others. The poor revenue outlook could make current price levels unsustainable, possibly leading to a share price drop and negatively impacting P/S.
WK Kellogg Co's dividends, although covered by profits, didn't generate enough cash for payment, posing a risk to its dividend maintenance. The company's flat earnings per share and payout of less than half its profits and 324% of its cash flow raise concerns about its dividend perspective.
Mindfield
Old Spice
:
That’s what they want, Kellanova is the spinoff that doesn’t have a union.Once WK Kellogg goes insolvent here comes Kellanova to buy up its assets, get back into cereal production without a union to steal profits
The company's better-than-expected sales and improved financial forecasts for 2024 may make the stock more appealing to investors, especially given its valuation of just 10 times forward earnings, compared to higher multiples for Kellanova, General Mills, and Campbell Soup.
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WK Kellogg Stock Forum
The Nasdaq led the way lower, tumbling 726.16 points (3.99%) -- its worst one-day percentage loss since September 2022 -- to 17,470.06.
The $S&P 500 Index (.SPX.US)$ gave back 153.8 ticks (2.7%) to 5,616.4, while the DJIA shed as much a...
$Macy's (M.US)$ reported earnings Wednesday morning, coming in lower than hoped, while the firm cut its forward guidance expecting weak holiday shopping. Macy's had delayed its ...
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