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+--- Thread: J.M. Smucker - SJM (/showthread.php?tid=356)
J.M. Smucker - SJM - DividendGarden - 01-20-2014
Does anyone else own this company? It doesn't seem like many people do, but it's a great company to own. Strong growth, slightly undervalued, possibly fairly valued here.
http://seekingalpha.com/article/1948571-j-m-smuckers-hidden-source-of-value
RE: J.M. Smucker - SJM - Dividend Watcher - 01-20-2014
SJM is a quality company and was on my buy list a couple years ago and then the price got away from me. I was watching it come down and debating whether to open a position in it. Was busy over the weekend so didn't have time to update my spreadsheet on it. My only reservation is the yield. I have a lot of 2.5%'ers so my average yield isn't the greatest yet. Last I looked, the Folgers line was about 1/2 its revenues so it can be sensitive to coffee futures.
Good article.