Jim Cramer Is Watching J.M. Smucker’s Earnings on Thursday
Jim Cramer says he'll be watching for quarterly results from The J.M. Smucker Company, due out Thursday before the markets open.
TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer awaits quarterly results from The J.M. Smucker Company (SJM) - Get Report , due out on Thursday before the markets open. 'That stock got hit because people thought the economy is overheating and as soon as you get a situation where an employment number is only 38,000, people circle back to that,' he said. 'The super packaged goods group is back.' The company is expected to report profits of $1.20 a share on sales of roughly $1.7 billion. During the same quarter a year ago, profit stood at $0.98 a share with sales of $1.45 billion.
At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.
