McCormick: Spice Up Your Diversification As The Company Returns To Growth
MKCMcCormick(MKC) Seeking Alpha·2024-07-01 22:58

igoriss/iStock via Getty Images We suggested coming back into McCormick & Company, Incorporated (NYSE:MKC) in October 2023, catching the bottom in shares, and reiterated that call in March 2024 as the company was "crawling its way back to growth." Make no mistake, shares had long been a reliable investment, but started facing pressure in 2022. Shares have struggled to really get going since then, but there has been a bit of a run-up from the low where we suggested coming back into the stock. Data by YCharts ...