The J.M. Smucker Company (NYSE:SJM)
The Company operates principally in one industry, the manufacturing and marketing of branded food products on a worldwide basis, although the majority of the Company's sales are in the United States.
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I believe overall that this stock is undervalued. It's at way below 2 times book, while many of its competitors are sitting between 2.25-3 times book. This should longer term price closer to around $60. Decent history (5 yrs) of raising dividend.
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J.M. Smuckers is one of the larger producers of high quality jams, jellies, and ice cream toppings. I like their products, use them often, and believe that the stock at $46 per share is slightly undervalued. I would put "fair" or" Intrinsic Value" of SJM stock in the $60 - $63 range.
Kahuna,CFA
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Watch for gentle spikes in the stock price from the months of October through January.
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Increasingly time-starved families will fuel steady growth in sales of Smucker products for kids' school lunches.
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Jelly are an important components for donuts
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1,000 year old company operated by non-inbred descendants in same small ohio town. icon brand names--jif, smucker's, etc. little debt, nice cash flow. raw materials in usa. territory is usa and canada--no phony money exchange data, dollar up/down game worries, strips, or cayman-type accounts. lots of pbj if bush "rocks the house".
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