The J. M. Smucker Company (NYSE:SJM) is a choice stock in the consumer staples sector, and one that appears undervalued at present. I contend, however, that it is not - and that its low growth outlook should make prospective investors
The J. M. Smucker Company Is Not As Well Valued As It Seems To Be
Summary
- J. M. Smucker is a profitable firm that is focusing its food and beverage portfolio to achieve more profitability.
- It has rewarded shareholders with consecutively rising dividends for eighteen years, and has a strong balance sheet which suggests the dividend is in no danger.
- Low growth prospects and a 21% premium to fair value, however, do not make this stock a buy at this time.
Buy and hold, common stock investor focused on dividends and on value. Interested in various stocks that are suitable for long-term dividend investment. A Buffett admirer, but not a Buffett cultist, and not quite as creepy as my name implies - though certainly cash-centered!
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