Posted on February 11, 2021
Smuckers (NYSE:SJM) is more than just a jam company.
They’re a sticky-sweet sea of solidity in a market gone mad.
Smuckers is a fundamentally sound company that has not participated in the Batflu market hype of the last year.
Her stock has bounced about in a relatively tight range (see chart below), yet has grown under the radar as management made significant internal changes that should pay off shortly.
She’s also offered investors a reliable place to park funds while they reap a solid dividend and wait for a breakout.
And today, we want to suggest that that breakout is growing increasingly inevitable.
But before we get there, consider the numbers –
Here’s the chart –
Maximum loss is $3.50 (initial premium).
Maximum gain is theoretically unlimited.
Many happy returns,