Is Kellogg Stock a Buy?
Kellogg (NYSE: K) is at an inflection point. Cereals are less popular with consumers these days, as are many of its other snacks. In simple terms, the company sells too much junk food.
Last year, it made a move on that front by divesting its Keebler brand, among others, for $1.3 billion. With a new focus on healthier alternatives, Kellogg is trying to find itself in an age when many are paying more attention to what they eat.
To own this stock, you have to be willing to wait for that effort to pay off.
Source Fool.com
