J.M. Smucker Co. (SJM): Today's Featured Food & Beverage Winner

J.M. Smucker ( SJM) pushed the Food & Beverage industry higher today making it today's featured food & beverage winner. The industry as a whole closed the day up 0.9%. By the end of trading, J.M. Smucker rose $1.13 (1.4%) to $78.97 on average volume. Throughout the day, 527,181 shares of J.M. Smucker exchanged hands as compared to its average daily volume of 576,300 shares. The stock ranged in a price between $77.71-$79.04 after having opened the day at $78.28 as compared to the previous trading day's close of $77.84. Other companies within the Food & Beverage industry that increased today were: Jones Soda Company ( JSDA), up 12.3%, China Marine Food Group ( CMFO), up 7.7%, Origin Agritech ( SEED), up 7.2%, and Lifeway Foods ( LWAY), up 6.1%.

The J. M. Smucker Company engages in manufacturing and marketing branded food products primarily in the United States, Canada, and internationally. J.M. Smucker has a market cap of $8.48 billion and is part of the consumer goods sector. The company has a P/E ratio of 19.2, above the average food & beverage industry P/E ratio of 18.9 and above the S&P 500 P/E ratio of 17.7. Shares are down 0.4% year to date as of the close of trading on Tuesday. Currently there are seven analysts that rate J.M. Smucker a buy, no analysts rate it a sell, and six rate it a hold.

TheStreet Ratings rates J.M. Smucker as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the food & beverage industry could consider PowerShares Dynamic Food & Beverage ( PBJ) while those bearish on the food & beverage industry could consider PowerShares DB Agriculture Sht ETN ( ADZ).

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