GIS Stock Price - General Mills Inc. Stock Quote (U.S.: NYSE) - MarketWatch

Market uncertainty can make any investor think about diversifying, so Jim Cramer took to the charts to find out why consumer foods giant General Mills could be poised for a rally. The " Mad Money " host turned to Larry Williams, an legendary technician whose calls have always intrigued Cramer over the years. Tracing General Mills' trajectory back to , Williams combined two key patterns, a day cycle and day cycle, to form this chart's red line:.

But the und e rlying fundamentals matter too, Cramer said.

General Mills is an international giant, meaning its numbers rely in part on the direction of the U. A weak dollar is good for the company because stronger foreign currencies mean more dollars for U. Following that, Williams decided to track General Mills' stock alongside the Dollar Index. That chart indicated that the dollar's moves actually predict where General Mills shares will go five months later.

Hughes Optioneering

Based on Williams' analysis, now that the dollar is rallying, General Mills could get hit hard in or so days, followed by a health summer rally. He's been pushing the company toward much more natural, healthy, organic [products]," Cramer said. That should make me more cautious, right?

But if General Mills sees a turnaround, its 3. My instincts say that if you want to own a food stock for diversification or you're going for the fundamentals, you buy PepsiCo , a name that's owned by my charitable trust. But if you're a patient investor and are willing to go as bold as Williams, "then you've got my permission to buy the General," Cramer added.

Want to take a deep dive into Cramer's world?

Mad Money Twitter - Jim Cramer Twitter - Facebook - Instagram - Vine. Asia Europe Stocks Commodities Currencies Bonds Funds ETFs Investing Trading Nation Trader Talk Financial Advisors Personal Finance Etf Street Portfolio Watchlist Stock Screener Fund Screener Tech Mobile Social Media Enterprise Gaming Cybersecurity Tech Guide Make It Entrepreneurs Leadership Careers Money Specials Shows Video Top Video Latest Video U.

GIS stock quote - General Mills, Inc. Common Stock price - nibexyxuro.web.fc2.com

Video Asia Video Europe Video CEO Interviews Analyst Interviews Full Episodes Shows Watch Live CNBC U. Business Day CNBC U. Primetime CNBC Asia-Pacific CNBC Europe CNBC World Full Episodes. Log In Register Log Out News Economy Finance Health Care Real Estate Wealth Autos Consumer Earnings Energy Life Media Politics Retail Commentary Special Reports Asia Europe CFO Council. Asia Europe Stocks Commodities Currencies Bonds Funds ETFs.

Make It Entrepreneurs Leadership Careers Money Specials Shows Investing Trading Nation Trader Talk Financial Advisors Personal Finance Etf Street Portfolio Watchlist Stock Screener Fund Screener. Tech Mobile Social Media Enterprise Gaming Cybersecurity Tech Guide Video Top Video Latest Video U.

GIS stock quote - General Mills, Inc. Common Stock price - nibexyxuro.web.fc2.com

Video Asia Video Europe Video CEO Interviews Analyst Interviews Full Episodes. Primetime CNBC Asia-Pacific CNBC Europe CNBC World Special Reports Top States Paris Airshow Trailblazers Trading the World CNBC Disruptor 50 Lasting Legacy Modern Medicine College Game Plan Investing in: Israel Tech Drivers The Brave Ones Trading Nation Shaping the future Future Opportunities. Register Log In Profile Email Preferences PRO Sign Out.

Cramer's charts explain why General Mills looks ripe for a run Elizabeth Gurdus elizabethgurdus. Mad Money Twitter - Jim Cramer Twitter - Facebook - Instagram - Vine Questions, comments, suggestions for the "Mad Money" website?

Elizabeth Gurdus Digital Producer.

To view this site, you need to have JavaScript enabled in your browser, and either the Flash Plugin or an HTML5-Video enabled browser. Download the latest Flash player and try again.

YOUR BROWSER IS NOT SUPPORTED. Please upgrade to watch video. The requested video is unable to play. The video does not exist in the system. Please disable your ad blocker on CNBC and reload the page to start the video.