McCormick & Company (MKC)

McCormick & Company (MKC)

Postby winston » Thu Aug 18, 2016 8:27 am

not vested

MKC gets ready to break a line

McCormick & Company, Incorporated manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry.

It operates through two segments, Consumer and Industrial.

The Consumer segment offers spices, herbs, seasonings, and dessert items.

The Industrial segment offers seasoning blends, spices and herbs, condiments, coating systems, and compound and other flavors to multinational food manufacturers and foodservice customers.

It serves foodservice customers directly and indirectly through distributors.

Source: Wealth Blueprint Letter

http://wealthblueprintletter.com/mkc-ge ... 6129560abc
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Re: McCormick & Company (MKC)

Postby winston » Fri Oct 13, 2017 2:18 pm

not vested

Stocks to Buy for the Next Decade: McCormick (MKC)

I’ve recommended McCormick & Company, Incorporated (NYSE:MKC) in this space before, and MKC stock remains one of my largest holdings — one I intend to keep for the long-term.

McCormick stock isn’t cheap, but it rarely is. The spices and seasonings category continues to grow, as younger consumers actually use more of the product than their parents.

The company’s acquisition of brands from Reckitt Benckiser Group PLC-ADR (OTCMKTS:RBGLY) will pay dividends beginning next year, and McCormick’s global reach should accelerate growth of Frank’s RedHot hot sauce and French’s mustard for years to come.

With MKC stock back under $100 after some choppy trading, the price looks reasonable relative to the long-term opportunity here.

Category growth, international expansion and strong management offer more than enough at current levels.

Source: Investor Place
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Re: McCormick & Company (MKC)

Postby winston » Wed Jul 11, 2018 7:40 pm

not vested

THE 'WORLD DOMINATOR' OF PANTRY STAPLES IS GOING STRONG

Today, we revisit an investing strategy that our colleague Dan Ferris calls "the single best way to get rich in stocks"...

As regular readers know, investing in "World Dominators" is a safe and lucrative technique. These companies maintain strong margins and cash flows, and they consistently raise their dividends (which makes them a great source of income). You'll usually recognize them as the top brands in their fields...

Spice maker McCormick (MKC) is a great example. The $15 billion company is a one-stop shop for all condiment, spice, and seasoning needs... with well-known brands like Old Bay and Schwartz spices.

Last year, the company acquired Reckitt Benckiser's food division, scooping up more popular names like French's mustard and Frank's RedHot hot sauce.

McCormick uses its dominance to reward shareholders... The company has raised its quarterly dividend for 32 years in a row.

As you can see below, the stock is up about 65% over the past four years and recently hit an all-time high. You can see why it pays to invest in the best businesses in the world...

Source: Daily Wealth
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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