I liked J.M. Smucker (NYSE:SJM)
on a relative basis back in November, and the stock hasn't disappointed
since – trading up about 20% and slightly outperforming peers like General Mills (NYSE:GIS), Kellogg (NYSE:K), and Kraft (Nasdaq:KRFT)
in the packaged food space. I still like Smucker as a company –
management is happy to run a business of relatively small, focused,
market-leading brands, and run them pretty profitably. While guidance of a year-on-year decline in free cash flow (FCF) and stagnant sales may have disappointed the Street, this still remains a relatively interesting name in the food space.
Please read more here:
http://www.investopedia.com/stock-analysis/060713/smucker-does-alright-street-goes-away-disappointed-sjm-hrl-clx-gis-krft.aspx
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