Wednesday, July 11, 2012
J.M. Smucker Co: $SJM Cash Flow Valuation Update
Current Price: ~ $75/share
Projected Yield: ~ 2.57%
Smucker manufactures and distributes coffee, fruit spreads, peanut butter, shortening and oils, baking mixes and frostings, and natural products under its portfolio of category-leading brands in North America. Notable brands under the Smucker umbrella include Smucker's, Folgers, Dunkin' Donuts brand coffee, Jif, Crisco, Pillsbury, and Hungry Jack. Of these brands, seven are product category leaders in the United States, and eight brands hold a number-one spot in Canada.