J.M. Smucker: A Mixed Picture For Fiscal Year 2025
SJMJ. M. Smucker(SJM) Seeking Alpha·2024-08-31 00:23

NoDerog I have been very skeptical of The J. M. Smucker Company (NYSE:SDM) stock for quite a while, as the management has adopted a rather unpopular approach to grow the business through large acquisitions. It usually takes time before poor eapital allocations translate into the share price, and this did happen for $JM in calendar year 2023. Following the drop, I turned neutral on the stock in December, but also highlighted some ongoing risks for sharcholders. Since then, SJM stock continued to disappoint, ...