“Secular Decline of the Packaged Food Sector Is Just Too Powerful”
From Yahoo Finance: 2025-06-11 15:32:00
Jim Cramer expressed uncertainty about the future of The J. M. Smucker Company’s Uncrustables under Robert Kennedy Jr. Smucker makes jams and peanut butter, but the packaged food sector is in decline. Despite a nearly 4% dividend yield, Cramer believes the sector’s decline is too strong. Smucker is one of 11 stocks on Cramer’s radar.
J. M. Smucker is a wholesaler distributing peanut butter, fruit spreads, and specialty spreads to retailers. The company produces and sells a variety of branded food and beverage items, including coffee, snacks, spreads, pet food, baked goods, and baking products under well-known names like Folgers, Jif, and Hostess.
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