Re: Started small position in SJM; forward PE 12.5x
I have owned SJM for a long time... before they bought Crisco, Folger etc from Proctor and Gamble.
Have a full position and have not bought any more shares for a long time. Use the dividends to buy other stocks to build up their position in the portfolio.
SJM is a good company... my only concern is the companies like Wal Mart who keep expanding their own house brand into new areas l.... like jam and peanut butter for an example. And gives them more shelf space.