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The J.M. Smucker leverages strategic acquisitions, bold innovation, and a focus on core growth areas to navigate a dynamic market landscape.
S&P 500 companies that have paid and raised their dividends for 25 years or longer are the kind that growth and income investors want to buy and hold in stock portfolios forever.
CNBC's Jim Cramer breaks down why he's keeping an eye on shares of SJM.
**Investment Thesis:** January's top-yielding Aristocrats include Franklin Resources, Realty Income, Amcor, Kenvue, and Hormel, offering dividends from $1K investments exceeding single share prices. **Rating Justification:** Six more Aristocrats could meet the ideal dividend-to-price ratio with a 45.4% market downturn, making them fair-priced investment opportunities. **Analyst Projections:** Top-ten Aristocrats are expected to deliver 22% to 33.36% net gains by January 2025, with an average net gain of 24.96%.
The J.M. Smucker's growth is fueled by strong brands and key categories, while cost pressures and changing consumer dynamics are challenges.
The J.M. Smucker Company (SJM), commonly known as Smucker, was founded by Jerome Monroe Smucker in 1897 as a small apple cider and butter business. The company has only ever been led by a CEO with the last name Smucker, including its current CEO, Mark Smucker—Jerome Monroe's great-great grandson.
The J. M. Smucker stock continues to disappoint and the performance gap with the consumer staples sector is widening. In spite of its very low valuation multiples, the stock is not in buy territory yet as meaningful progress is still needed. Long-term risks related to SJM's capital allocation policies and growth strategy remain and investors should keep a close eye on those.
The J. M. Smucker Company SJM reported upbeat quarterly earnings, but lowered its annual outlook.
Like other companies in the food sector, Smucker's has been struggling to hold onto cost-conscious customers stung by high prices at grocery stores.