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Stock impact report

Scotts Miracle-Gro Shares Move Lower, Another Chance To Buy On The Dip [Seeking Alpha]

Scotts Miracle-Gro Company (The) (SMG) 
Last scotts miracle-gro company (the) earnings: 1/29 07:00 am Check Earnings Report
Company Research Source: Seeking Alpha
I last wrote about Scotts Miracle-Gro ( SMG I wrote At 12.5 times earnings, a 2.18% dividend, insider ownership of almost 30%, and an expanding market for its products, the trend in SMG shares is extremely bullish. The overall state of the agricultural industry in the US has been problematic as the trade war between the US and China has weighed on commodity prices and producer profits. However, SMG's business seems to be immune from the trade issue as the company is well-positioned to take advantage of the trend towards the legalization of marijuana, and other cannabis-related products. Since then, SMG shares did well, and even after last week's price carnage, the stock was still above its level on November 18. The company manufactures, markets, and sells consumer lawn and garden products in the United States and around the world. Scotts is no newcomer to the agricultural business as it has been around since way back in 1868. As we move into the spring season, SMG is at a time of the Show less Read more
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