Investing in McCormick (NYSE: MKC) 15 years ago would have been a smart move. The spice and flavorings giant has trounced the S&P 500 over that time by gaining more than 350%.
Those returns were powered by the combination of rising organic sales, plus a few bold acquisitions like the French's and Frank's lines of condiments and sauces.
While the stock's more recent returns have been less appetizing, there's still a lot for investors to love about McCormick right now. Let's look at a few standout factors about this investment that aren't immediately clear from a casual glance at its annual report.
For further details see:
What the Smartest Investors Know About McCormick Stock