» » » » » » » Investopedia: McCormick Looks Premium-Priced Even With Premium Performance
Thursday, June 27, 2013

I appreciate why McCormick (NYSE:MKC) has almost always carried a premium valuation in the packaged food sector. The company holds effectively two-thirds of the U.S. market for spices, and has multiple opportunities to generate above-average growth in areas like dry dinners and frozen foods, and not just in North America. Even so, there is a fair price for every asset and McCormick's valuation seems well more than “fair” these days.

Please read more here:
http://www.investopedia.com/stock-analysis/062713/mccormick-looks-premiumpriced-even-premium-performance-mkc-gis-cag-yum-pep.aspx
27 Jun 2013
Posted by at 6:44 PM
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