With a market cap of $11.8 billion, The J. M. Smucker Company (SJM) is a global food and beverage manufacturer that produces and markets a diverse portfolio of branded consumer products. It operates through four business segments: U.S. Retail Coffee, U.S. Retail Frozen Handheld and Spreads, U.S. Retail Pet Foods, and Sweet Baked Snacks.
Companies valued at $10 billion or more are generally classified as “large-cap” stocks, and J. M. Smucker fits this criterion perfectly. Its well-known brands, including Folgers, Jif, Smucker's, Milk-Bone, Meow Mix, and Hostess, are distributed through a wide range of retail, e-commerce, pet specialty, and foodservice channels worldwide.