High p/e adds to McCormick’s risk

MCCORMICK & CO. INC. $118 (New York symbol MKC; Income Portfolio, Consumer sector; Shares o/s: 131.3 million; Market cap: $15.5 billion; Price-to-sales ratio: 3.0; Divd yield: 1.7%; TSINetwork Rating: Average; www.mccormick.com) makes spices, seasonings and flavours.
In August 2017, the company acquired several condiment brands from Reckitt Benckiser… Read More