JM Smucker Stock Discussion

Morning mooers! It is Thursday, June 6th, the market is pulling back a bit from all time highs hit three minutes before the market closed yesterday. $NVIDIA (NVDA.US)$ hit its own all time highs Wednsday, climbing above $3T in market cap and to the second position for most valuable companies, but pulled back Thursday before the stock is due to split 10-1 Friday June 7th.
My name is Kevin Travers. I am home sick today, but h...

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More insider selling than buying at J. M. Smucker in the last three months could be seen as bearish. Despite some insider buying, the longer-term picture doesn't inspire confidence. High insider ownership is positive, but recent insider selling raises caution.

CEO credits strong financial results to strategic execution, customer loyalty, and business volume growth. Acquisition of Hostess Brands and two divestitures were key to focusing on coffee, snacking, and pet foods.

The company believes that the new product will satisfy consumers' cravings for unique flavor combinations and add joy to their breakfast routine, according to Chris Balach, vice president of marketing at The J.M. Smucker Co.

The market's high expectations for J. M. Smucker's future revenue could explain the high P/S ratio. However, investors might be overpaying if this doesn't materialize. The high P/S suggests investors are more bullish than analysts, potentially setting themselves up for disappointment if the P/S aligns with the growth outlook.

The 3% price increase boosted sales for U.S. Retail Pet Foods and U.S. Retail Consumer Foods. The CEO is optimistic about capitalizing on growth across snacking, coffee, and pet sectors for long-term success.

Bernstein analysts claim the food stocks decline due to weight-loss drugs surge is overstated and valuations at 'historically low levels', suggesting a potential bullish outlook for the industry.