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Why J.M. Smucker’s High Valuation and Low Growth Could Hurt It

Amit Singh
Why J.M. Smucker’s High Valuation and Low Growth Could Hurt It

Shares of the J.M. Smucker Company (SJM) are up 29.8% year-to-date as of June 24 and have outperformed the broader markets. The company's acquisition of Ainsworth Pet Nutrition and its focus on high-growth categories via divestitures have supported its stock so far this year.