The J.M. Smucker Company (SJM), Green Mountain Coffee Roasters Inc. (GMCR): This Stock is Smoking Hot

For example, Whole Foods Market, Inc. (NASDAQ:WFM) is one those players who cater to a niche crowd, who are looking for premium organic food. Consumers want healthy products so much so that they seem indifferent to higher costs. In spite of its price increases, demand for Whole Foods’ products rose, leading to a 14% jump in first-quarter revenue over last year. The food company has also been expanding its reach every quarter, backed up by new product launches.

The future looks glamorous

Smucker has been smart with its strategies. It has been managing its costs well and keeping customers happy by passing on its lower costs to customers. This has led to more and more demand for its products. Moreover, its strategy of introducing new products and acquiring other companies has been quite fruitful. This has led the company to plan on 19 new product launches in future.

Overall, increasing demand for both natural food and K-cups is proving lucky for The J.M. Smucker Company (NYSE:SJM). With new product and business additions, the company is expected to do even better. I believe this company is a strong one and can prove to be a great investment in the long run.

The article This Stock is Smoking Hot originally appeared on Fool.com and is written by Himanshu Poddar.

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