Jim Cramer Says “Food Stocks Do Have Scarcity Value” As He Discusses J. M. Smucker
Key takeaways
- Jim Cramer Says “Food Stocks Do Have Scarcity Value” As He Discusses J.
- Smucker, okay, this is a little bit of a metaphor here… Pet food, coffee, Uncrustables, peanut butter, fruit spreads… Twinkies.
- A technical stock market chart.
Jim Cramer Says “Food Stocks Do Have Scarcity Value” As He Discusses J. M. Smucker Syeda Seirut Javed Fri, June 12, 2026 at 9:45 PM GMT+7 2 min read SJM The J. M. Smucker Company (NYSE:SJM) was among the stocks Jim Cramer commented on, saying that tech stocks cannot be trusted to lead anymore. Cramer called it one of the “victims of rampant inflation,” as he commented:
J.M. Smucker, okay, this is a little bit of a metaphor here… Pet food, coffee, Uncrustables, peanut butter, fruit spreads… Twinkies. By the way, Twinkies did well. This company and others have been left for dead, right, victims of rampant inflation, health concerns, GLP-1. But when you think about it, the food stocks do have scarcity value and decent balance sheets, although not a lot of growth, okay? And it makes them a little less attractive.
A technical stock market chart. Photo by Energepic from Pexels