Wednesday, December 5, 2012

Chart of the Day - J.M. Smucker (SJM)

The "Chart of the Day" is J.M. Smucker (SJM), which showed up on Monday's Barchart "All-Time High" list. Smucker on Monday posted a new all-time high of $89.39 and closed +0.31%. TrendSpotter just turned long again last Thursday at $87.62. In recent news on the stock, Smucker on Nov 16 reported fiscal Q2 EPS ex-items of $1.45, which was in line with market expectations. J.M. Smucker, with a market cap of $10 billion, is the leading marketer of jams, jellies, preserves, and other fruit spreads in the U.S. They are also the leader in dessert toppings, natural peanut butter, and health and natural foods juice products, and market a wide variety of other specialty products throughout the U.S. and in many foreign countries.

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