Since the take-some-profits view in September, the shares of J.M. Smucker (SJM), which I first wrote about on May 29, 2009 at a price of $40.26, have ventured even further north, to about $66.Hence, those investors who didn't take some profits in September, may wish to consider doing so now, as SJM is looking a bit rich at this juncture.
I'd also raise the sell/stop loss to $57 from $39.
Continue reading Has J.M. Smucker's Stock Peaked?
Has J.M. Smucker's Stock Peaked? originally appeared on BloggingStocks on Mon, 27 Dec 2010 15:30:00 EST. Please see our terms for use of feeds.
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