3 Reasons to Buy McCormick Stock and 1 Reason to Sell
Shares of McCormick (NYSE: MKC) stock significantly lagged the S&P 500 in 2021. McCormick only gained 1% last year, whereas the S&P 500 ripped 26.9% higher during that time. McCormick turned out an impressive third quarter (finishing Aug. 31) on behalf of its shareholders, topping analysts' forecasts for net sales and non-GAAP (adjusted) diluted earnings per share (EPS).