01-20-2014, 11:33 AM
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.
Good article.