The J. M. Smucker Company (NYSE:SJM) is among the 15 Best High Yield Stocks to Buy. Morgan Stanley downgraded SJM to Equal Weight and cut its price target to $105 from $115, citing competitive pressures and margin recovery risks in the US food space.

Smucker faces profit challenges due to rising coffee costs and declining volumes. Management plans to absorb coffee tariffs and inflation without raising prices, leading to an estimated $75 million in extra costs.

In its latest quarter, Smucker saw a sharp increase in pricing but a decline in volumes, particularly in key categories like coffee and pet food. The company’s shares have performed well compared to peers in recent times.

Smucker, a global packaged food company, manufactures and markets well-known branded food and beverage products worldwide. Despite potential as an investment, other AI stocks may offer greater upside potential and less downside risk.

For more insights on investing, check out articles on the 13 Best Dividend Kings to Buy in 2026 and 14 Best Mid Cap Dividend Aristocrat Stocks to Buy Now. Note: None of the information disclosed in the article constitutes financial advice.

Read more at Yahoo Finance: Morgan Stanley Cuts Smucker (SJM) Target After Strong Run, Flags Margin Recovery Risk