No. of Recommendations: 0
Hey Rich -

For what it is worth, another Morningstar analyst (Zain Akbari) was bullish on Blue Buffalo in 2017 (prior to their acquisition by General Mills): https://www.morningstar.com/articles/811180/blue-buffalos-a-...

Following the Blue Buffalo acquisition earlier this year, Morningstar analyst Sonia Vora viewed the purchase as a fair purchase that slightly increased "Fair Value" (M* notion of intrinsic value): https://www.morningstar.com/articles/811180/blue-buffalos-a-...

As you and I have previously discussed, I look for a large "margin of safety" which typically requires that Mr. Market really dislike a stock. General Mills (NYSE:GIS) isn't yet there for me- but I'd probably buy shares if the stock price dropped another ~10%.

-Jeff
no position
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