This article in March brings us to The J. M. Smucker Company, as I believe the valuation of the company calls for a deeper look. My love for these types of recession-resistant staple companies is no secret, arguing for their merits even in an industry that's rife with change and supposed new paradigms that are supposed to upset the natural order of things and turn everything upside-down.
In this article, I will try to take a closer look at what makes the J. M. Smucker Company tick, and show you my reasoning for investing in their stock. It is my hope that by doing so, I will encourage you to take a second look at the company shares yourself and consider investing. I will argue that despite years of headwinds in terms of share price, there is are reasons for optimism in the future of this historic corporation.
Let's head straight into it!
(Source: Wikipedia)
In 1897, Jerome Monroe Smucker founded what would become one of America's most well-known manufacturer's of jams and jellies (as well as other food products). It's one of the few companies of this size and kind that has always, and still is, being family-run. It manufactures well-known fruit spreads, peanut butters, shortenings and oil, ice cream toppings, and other products such as condensed milk, natural foods, and beverages. To list the many product lines or brands that this company represents would take too much time - so I have a picture here of some of them!
(Source: Webpackaging)
The company has been a shopping spree since 2002, with acquisitions such as Jif, The International Multifoods Corporation in -04, Knott's Berry Farm in -08, two coffee companies in -10 and Big Heart Pet Brands in 2015 (to name but a few). As is the case with many companies in this sector, J. M. Smucker is feeling the
