A message from our partners at Brownstone Research
Editor’s Note: Former tech executive and angel investor Jeff Brown — picked Bitcoin before it jumped as high as 52,400%, Tesla before it jumped as high as 2,150%, and Nvidia before it jumped as high as 32,000%. Today, he’ll show you how to claim a stake in Elon Musk’s upcoming IPO – BEFORE the company goes public. Click here to see the details or read more below.
Dear Reader,
Have you heard of Elon Musk’s $1 quadrillion IPO?
If not, click here now because it’s set to be the biggest AI IPO in history…
And you could claim a stake today…
Before the company goes public…
Starting with just $500.
You see, this IPO is a key part of Elon Musk’s secret AI masterplan…
A plan that I believe will unlock the full power of artificial intelligence…
Unleashing what Elon Musk is predicting will be…
A $1 quadrillion new wealth wave.
Just to put that into perspective…
That would be enough to send a check for $2.8 million to every man, woman, and child in America.
That’s how big this opportunity is.
Click here now and I’ll give you all the details.
We have so much to look forward to,
Jeff Brown
Founder & CEO, Brownstone Research
Sunday’s Bonus Article
SJM Surges 9%, But Hostess Weakness Clouds Outlook
Written by Chris Markoch. Date Posted: 3/3/2026.
Key Points
- J.M. Smucker stock rallied after a double earnings beat and steady guidance, supported by improving revenue trends and strong free cash flow.
- Ongoing pressures from commodity costs, tariffs, and a struggling Hostess segment create uncertainty about the pace of a full turnaround.
- Technical signals suggest the recent pullback is likely consolidation, but investors are watching key support levels for confirmation of the trend.
- Special Report: [Watch] FREE STOCK PICK for Elon Musk’s Starlink SuperIPO (From Paradigm Press)
The J.M. Smucker Co. (NYSE: SJM)reported solid results on a day that favored consumer staples stocks. SJM stock jumped more than 9% after the company beat expectations on both revenue and adjusted earnings and maintained its full-year adjusted earnings-per-share (EPS) outlook.
Those headline results masked a significant GAAP loss driven by nearly $1 billion in non-cash charges tied to the company’s Sweet Baked Snackssegment — primarily the Hostess business acquired in 2023. Sales for that segment fell about 19% and operating profit declined roughly 78%.
1,500 Banks Just Handed the Fed Your Bank Account (Ad)
Currently, $2 TRILLION worth of transactions go through the traditional network every single day. But soon, it will be funneled through the new network that the Federal Reserve has built, operates and can see in real time.
That’s the part buried in the Federal Reserve Docket No. OP-1670.
In fact, on page 84 of the 93-page document, they admit that it will make it easier to track the spending of Americans.That’s why I’ve put together 4 steps to “Fed proof” your savings
Investors should keep perspective on what’s “normal” for this stock. A 9% move in SJM is uncommon in either direction, which can prompt questions about whether this is a lasting trend or simply an outsized reaction to the day’s news.
The Argument for Growth
Smucker has posted year-over-year revenue gains in each of the last two quarters. Two quarters don’t define a long-term trend, but the improvement is an encouraging early sign that consumer pressure may be easing. The company also faces easier comparisons heading into fiscal 2027.
The balance sheet is improving. Free cash flow came in at $487 million, which supports continued dividend payments, share repurchases and the company’s investment‑grade credit profile.
Management plans to pay down roughly $500 million of debt annually, which would bring leverage to under 3x by the end of fiscal 2027 under current assumptions.
Analysts have turned more bullish on SJM stock, with the highest price target at $135 — about 20% above the March 2 close.
Institutional buying also continues to outpace selling, a trend that has persisted for more than three years.
The Argument for Caution
Smucker has faced a double whammy of higher commodity costs and tariffs that have pressured margins. Those headwinds appear likely to persist in the near term.
Still, the company beat expectations and reiterated full-year adjusted EPS guidance of $8.75 to $9.25, based on an adjusted gross margin near 35%.
A bigger worry is the Sweet Baked Snacks business. A fire at Smucker’s Emporia plant is expected to reduce Q4 net sales by about $25 million. To simplify operations and speed a turnaround, the company is cutting product variations by roughly 25%. Management cautions, however, that a full recovery for the segment won’t be immediate.
The Impact of GLP-1 Drugs Is Not Conclusive
Many investors worry that the popularity of GLP‑1 weight‑loss drugs could exert structural pressure on indulgent snack categories, including Hostess. Other companies, such as PepsiCo (NASDAQ: PEP), have pointed to GLP‑1s as a reason consumers are shifting toward healthier options.
Smucker management says it does not yet have company‑level data that isolates the impact of GLP‑1s and has not quantified any direct sales hit attributable to the drugs.
Why Is SJM Stock Pulling Back?
The recent pullback is largely a natural reaction after a sharp run that left shares overbought and pushing into clear resistance. After advancing toward the 116–120 zone, the latest red candle and upper wick show buyers losing conviction at higher prices as short‑term traders lock in gains.
The stock had pushed above the upper Bollinger Band — a classic sign of an overextended move — and is now slipping back inside the bands. That mean reversion is typical after a fast rally. Volume expanded on the way up, which often precedes profit‑taking as momentum traders exit into strength.
Despite the pullback, the broader technical backdrop remains constructive: SJM still trades above key moving averages and the MACD remains positive, suggesting the intermediate trend is intact even as upside momentum cools. If the stock holds roughly the 109–111 area on a closing basis, the action can be viewed as a normal consolidation after a breakout.
The higher‑probability path is a period of choppy, sideways‑to‑lower trading while the stock digests gains. A controlled drift toward support with lighter selling volume would keep the bullish case intact. A more concerning outcome would be a decisive, heavy‑volume breakdown below 109, which would signal this pullback could evolve into a deeper correction rather than a routine pause.
Thank you for subscribing to The Early Bird, MarketBeat’s 7:00 AMnewsletter that covers stories that will impact the stock market each day.
This email communication is a paid sponsorship sent on behalf of Brownstone Research, a third-party advertiser of The Early Bird and MarketBeat.
If you need assistance with your subscription, please don’t hesitate to contact MarketBeat’s U.S. based support team at contact@marketbeat.com.
If you no longer wish to receive email from The Early Bird, you can unsubscribe.
© 2006-2026 MarketBeat Media, LLC.
345 N Reid Place #620, Sioux Falls, SD 57103. United States..
Check This Out: What Is The Cost of a Financial Advisor for $1M+ Portfolios? (From SmartAsset)
Market alerts, actionable tips, and timely insights to fuel your investment success.
RJ Hamster 