J.M. Smucker Hurdles Above $70

Filed under: Stocks to Buy

The J.M. Smucker Compan's (SJM) shares, which I first wrote about on May 29, 2009 at a price of $40.26, have jumped above $70, and if you haven't already, now may be a good time to consider taking some profits off the table with SJM if you're in at/near $40.



However, those investors who can tolerate the risk can consider maintaining their full SJM position, to go for an even bigger gain.



Look for Smucker to post a healthy, 5-7% revenue gain in 2011, boosted by the addition of the Folgers coffee brand.

Continue reading J.M. Smucker Hurdles Above $70

J.M. Smucker Hurdles Above $70 originally appeared on BloggingStocks on Tue, 08 Mar 2011 16:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments

Full story at http://www.pheedcontent.com/click.phdo?i=f3927cf160980f35a788d1ffb5b1ee90