Will Kelloggs see some further upside as US employment numbers pick up? Look out for any strong fundamental reasons to buy.
Between July 05 and August 21 Kelloggs has gained in value 7 times over the last 10 years. The largest fall was in 2013 with a moderate -5.05% loss. The biggest gain was in 2019 with a 13.59% profit. The average return has been a 2.25%.
So, this means any strong fundamental reasons to buy Kelloggs as we move through July would be backed up by some pretty strong seasonals. It is certainly one stock to keep an eye on.
Key Trade Risks: If there is a sharp sell-off in US stocks this could spill over into Kelloggs share price.