J.M. Smucker (NYSE:SJM) is a selection for the real-money Inflation-Protected Income Growth portfolio. In this brief video, portfolio manager Chuck Saletta offers up the one reason he's considering selling the stock despite its gain since he bought those shares a little more than a year ago.
Help your money compound faster
J.M. Smucker's dividend was key to its selection for the iPIG portfolio. A well-covered and rising dividend, reinvested over time, can help your money compound faster and could ultimately make you rich. It's as simple as that.
With this in mind, our analysts sat down to identify the absolute best of the best when it comes to rock-solid dividend stocks, drawing up a list of nine in this free report. To discover the identities of these companies before the rest of the market catches on, you can download this valuable free report by simply clicking here now.
In summary: J.M. Smucker is a great company with awesome products people use every day. Its balance sheet is still solid, and its dividend remains well-covered and growing. The key concern is the company's valuation, as its market capitalization is now ahead of what looks like a reasonable fair-value estimate.
To follow the iPIG portfolio as buy and sell decisions are made, watch Chuck's article feed by clicking here. To join The Motley Fool's free discussion board dedicated to the iPIG portfolio, simply click here.
Chuck Saletta owns shares of J. M. Smucker. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.