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With a Name Like Smuckers... You Have to be Good.

For the first time in a long while, the quiet, family-run business of J.M. Smucker (NYSE: SJM) is available to you at a price that is not well above trend. I recently tried the low-sugar, organic strawberry jam. Taste is great, and in the taste bargain, you endure only 6 grams of carbs and 5 grams of sugar per serving and no sodium. I also like Smuckers USDA organic peanut butter, once again with minimal sugar. Two great products ideal for school kids' lunch boxes. What a nice mix. Conservative Smuckers has $200 million in cash and equivalents and only $392 million in debt. A dividend has been paid annually since 1949. The current P/E of 20 is reasonable in light of the company's 14%, five-year earnings growth.

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This page contains a single entry from the blog posted on October 23, 2007 8:01 AM.

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