J.M. Smucker stock rises 1.27% and outperforms competitors
Updated
Updated · MarketWatch · Apr 30
J.M. Smucker stock rises 1.27% and outperforms competitors
5 articles · Updated · MarketWatch · Apr 30
The shares closed at $98.03 on Thursday as the S&P 500 gained 1.02% to 7,209.01 and the Dow rose 1.62% to 49,652.14.
Smucker remained 17.89% below its 52-week high of $119.39 reached on 26 February.
Among peers, Mondelez rose 0.66%, Kraft Heinz 1.07% and General Mills 2.44%, while Smucker trading volume of 1.6 million stayed below its 50-day average of 2.3 million.
Why does one financial model claim Smucker's stock is worth $305 while analysts target only $120?
Can Smucker's big bet on Hostess snacks overcome its massive debt and deliver the promised growth?
With new weight-loss drugs and inflation, can Smucker's convince shoppers to buy more snacks and coffee?