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McCormick & Company, Incorporated Message Board

  • vwdiesel10 vwdiesel10 Mar 28, 2013 1:11 PM Flag

    That strange nervousness...

    Anyone else getting a bit nervous up here?

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    • I've considered selling my shares, since I'm up 30% in only 9 months.

      • 1 Reply to rhino_hunter
      • If you sell will you buy back in if it goes down? Personally I am a long term investor and hold this in a IRA. I was looking at the chart and since 2000 MKC is up 5 times, which is unbelievable since the S&P is not much higher than in 2000 and the fact they we have been trapped in one of those long and vicious commodity bull markets that destroy margins, then jobs and the economy and push bankers to do stupid things like the 1907, 1930's and 2000 - 2009. This then makes everything worse.

        So, basically you have a 5 bagger when commodity prices in general are high. The last commodity bull market ended in 1982 and pushed stocks up 16X before it was over. Food stocks &, personal care companies went through the roof. Commodity prices have been starting to come down some. If we are approaching the turn (we are already 13 - 14 years into the commodity bull market) then stocks will take off like a moon shot as they did in 1923, 1952 & 1982. When you look at growth in emerging markets and China for spices and that MKC is only worth $10 billion market cap, when you add some inflation to the valuation, you could get to $50 billion or more in a 15 year stock bull market. I owned CL in 1982, with original purchases under $1/share adjusted for splits. During the 1982 - 2000 bull market in stocks it was on a tear and is now over $116 today.

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