Image Source: Pixabay

(Click on image to enlarge)
 

#earnings for the week https://t.co/lObOE0uRjZ $NIO $DOCU $SAIC $FUTU $LOVE $NGL $ASO $COUP $CBRL $GOTU $FCEL $BQ $BILI $THO $CPB $GIII $UNFI $GTLB $SRAX $FIVE $SJM $PLAY $MOMO $OLLI $CASY $CHS $HQY $SIG $HOLX $KC $ABM $SMAR $JILL $VRA $SFIX $AVO $OESX $GWRE $REVG $OXM $VRNT pic.twitter.com/sITup4TaCk

— Earnings Whispers (@eWhispers) June 4, 2022

JM Smuckers (SJM) – maker of such iconic brands as Smuckers, Folgers, and Milk Bone (they have a Pet Food division) – reports earnings Tuesday morning, and the recent selloff in consumer staples stocks presents a nice entry. SJM is reporting its fiscal year 4th quarter Tuesday morning and expects full-year sales to be down 0.5% to 1.5% and EPS of $8.35-$8.65. SJM closed Friday at $122.77 which works out to a 14x multiple on trailing earnings. Guidance for the current fiscal year will be crucial of course. SJM also pays a 3.23% dividend. SJM isn’t sexy but – like Campbell Soup (CPB) (See: Campbell Soup Is The Perfect Stock For This Market) – in the current environment boring is beautiful.