7 Stocks That Can Buck This Recession

Stock #3: J.M. Smucker (SJM)

J.M. Smucker (SJM) is a quiet family-run business that has grown for over 108 years to become a leader in the consumer goods sector.

It is the leading marketer and manufacturer of fruit spreads, peanut butter, shortening and oils, ice cream toppings, sweetened condensed milk and health and natural foods drinks. Some of its brands include: Crisco, Pillsbury, Hungry Jack, Robin Hood, Eagle Brand, Smucker’s and Jif.

Conservative Smucker’s has around $200 million in cash and equivalents, and a dividend has been paid annually since 1949. “With a name like Smucker’s, you have to be good.”

Next: Stock #4 – PepsiCo (PEP)