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-0.000136855070480431 -0.000547420281921531 0.00109484056384287 -0.00150540577528397 0.000547420281921336 -0.0028739564800877 -0.00478992746681276 -0.00232653619816617
Stock impact report

One-Third of the World's Fertilizer Passes Through the Strait of Hormuz. That Could Have Serious Repercussions for This Consumer Staples Company. [Yahoo! Finance]

General Mills, Inc. (GIS) 
Last general mills, inc. earnings: 3/18 07:00 am Check Earnings Report
US:NYSE Investor Relations: investors.generalmills.com
Company Research Source: Yahoo! Finance
That's conventional wisdom, and it often works -- until it doesn't. The conflict in Iran is an example of that wisdom being rejected. These days, it's almost impossible to watch the news or scour the internet without seeing updates on the currently shuttered Strait of Hormuz. Many of those headlines pertain to the strait's status as the shipping lane for 20% of the world's oil, but a third of the world's fertilizer transported by ship also moves through that waterway. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » With fertilizer supplies constricted, it's time to pass on food stocks. Image source: Getty Images. This fact goes a long way toward explaining why consumer staples stocks , including General Mills (NYSE: GIS) , aren't just betraying their defensive ways. They're being savagely punished, as highli Show less Read more
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