As I've mentioned often in recent weeks and months, investors have
reacted to the uncertain global growth outlook by bidding up the shares
of those stocks and sectors seen as safe and relatively inelastic, and
food has been one of the primary targets. While
Smucker (NYSE:
SJM)
does have some challenges from private label competition, and the
long-run returns on capital have not been good, the combination of
growth, share and valuation makes this a relatively interesting stock to
consider today.
Please read more here:
http://stocks.investopedia.com/stock-analysis/2012/Smucker-A-Relatively-Interesting-Play-In-Food-SJM-KFT-GIS-THS0608.aspx
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