Why This Pick-and-Shovel Cannabis Stock Says Its Shares Are Too Cheap
CEO Jim Hagedorn thinks Scotts Miracle-Gro stock is trading cheaply after its 40% drop from 52-week highs.
Scotts Miracle-Gro(SMG)
New York Stock Exchange
SMG
$147.34
-$0.55
-0.4%
Price as of October 22, 2021, 4:00 p.m. ET
View Interactive SMG Charts
The Company is the combination of two companies in the consumer lawn and garden market: O.M. Scott & Sons and Sterns Miracle-Gro Products, Inc. It is a marketer of lawn fertilizer, grass seed and growing media products within the United States.
Interactive Chart
Compare SMG Stock to Peers
| Symbol | Last Price | Market Cap | % Δ 1 Yr | % Δ 5 Yr |
|---|---|---|---|---|
|
SMG
Scotts Miracle-Gro
|
$147.34 | $8B | -4.1% | 90.6% |
|
SHW |
$306.62 | $80B | 37.6% | 246.8% |
|
CX |
$6.71 | $207B | 63.1% | -19.5% |
|
SQM |
$52.41 | $15B | 48.0% | 108.8% |
|
ECL |
$221.45 | $64B | 10.4% | 100.6% |
News & Analysis: Scotts Miracle-Gro
The Fool has written over 400 articles on Scotts Miracle-Gro.
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If You Invested $3,000 in Scotts Miracle-Gro In 2011, This Is How Much You Would Have Today
Short answer: quite a bit more, thanks to a key subsidiary that supplies the marijuana industry.
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