Even though shares of J.M. Smucker (SJM -0.2%) are getting spread thin after Procter &...

|About: J. M. Smucker Company (SJM)|By:, SA News Editor

Even though shares of J.M. Smucker (SJM -0.2%) are getting spread thin after Procter & Gamble set its sales and profit targets lower, Barron's is calling for a run up in shares on the back of its strong brands. A strong peanut crop and lower coffee prices should both help relieve margin pressure and help present a strong case that valuation on SJM sits too low.