KeyBanc Capital Markets Initiates J.M. Smucker Coverage: Buy, $95 PT


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


KeyBanc Capital Markets initiated J.M. Smucker (NYSE: SJM) coverage with a Buy rating and $95 price target in a research report published today.In the report, KeyBanc Capital Markets states, " We consider SJM a well-run company with an attractive return and growth profile: Over the last five years, the Company's sales and EPS have grown by CAGRs of approximately 17% and 11%, respectively, and its ROIC of roughly 13% has been steadily improving and is above its cost of capital."Shares of J.M. Smucker closed today at $79.32, down 0.25% from Monday's market close.

27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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Posted In: Analyst ColorPrice TargetInitiationAnalyst RatingsKeyBanc Capital Markets