AI Alert: Wealth Window Update
I'm James Altucher, AI expert at Paradigm Press. On June 25, tech giants like Nvidia, Dell, and Alibaba could reveal "AI 2.0." This limited wealth-building window could turn $10k into $1 million with strategies I've perfected over 40 years. Act fast before everyone catches on!
About McCormick & Company, Incorporated
McCormick & Company, Incorporated manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry. The company operates in two segments, Consumer and Flavor Solutions. The Consumer segment offers spices, herbs, and seasonings, as well as desserts. This segment markets its products under the McCormick, French, Frank's RedHot, Lawry's, Gourmet Garden, Club House, and OLD BAY brands in the Americas; Ducros, Schwartz, Kamis, and Drogheria & Alimentari, and Vahiné brand names in Europe, the Middle East, and Africa; McCormick and DaQiao brands in China; and McCormick, Aeroplane, and Gourmet Garden brand names in Australia, as well as markets regional and ethnic brands, such as Zatarain's, Stubb's, Thai Kitchen, and Simply Asia. It also supplies its products under the private labels. This segment serves retailers comprising grocery, mass merchandise, warehouse clubs, discount and drug stores, and e-commerce retailers directly and indirectly through distributors or wholesalers. The Flavor Solutions segment offers seasoning blends, spices and herbs, condiments, coating systems, and compound flavors to multinational food manufacturers and foodservice customers. It serves foodservice customers directly and indirectly through distributors. The company was founded in 1889 and is headquartered in Hunt Valley, Maryland.
General
| Name | McCormick & Company, Incorporated |
| Ticker | MKC |
| Exchange | NYSE |
| Sector | Consumer Defensive |
| Industry | Packaged Foods |
| Currency | USD |
| Country | USA |
| Fiscal Year End | November |
| Full Time Employees | 13,000 |
Highlights
| Analyst Target | 92.06 |
| Market Cap | 22,941,763,584 |
| PE Ratio | 25.41 |
| PEG Ratio | 4.60 |
| EBITDA | 1,181,400,064 |
Share Stats
| Shares Outstanding | 248,696,000 |
| Shares Float | 262,324,835 |
| Shares Short | 5,256,092 |
| Insider Holdings | 22% |
| Institution Holdings | 83.22% |
Highlights
| Analyst Target | 92.06 |
| Market Cap | 22,941,763,584 |
| PE Ratio | 25.41 |
| PEG Ratio | 4.60 |
| EBITDA | 1,181,400,064 |
Valuation
| Trailing PE | 30.91 |
| Forward PE | 29.07 |
| Price/Sales (Trailing 12 Mt.) | 4.12 |
| Price/Book (Most Recent Quarter) | 5.84 |
Dividend
McCormick & Company, Incorporated pays out a dividend of $1.24 per share, with a dividend yield of 2.30%.
MKC's last dividend payment was made to shareholders on January 11, 2021.
They pay out 55.83% of their earnings out as a dividend.
Recent Dividends
| Apr 22, 2024 | $0.42 |
| Jan 8, 2024 | $0.42 |
| Oct 24, 2023 | $0.39 |
| Jul 24, 2023 | $0.39 |
| Apr 24, 2023 | $0.39 |
| Jan 9, 2023 | $0.39 |
| Oct 25, 2022 | $0.37 |
| Jul 25, 2022 | $0.37 |
Elon Musk Says 'Lying On This Platform Doesn't Work Anymore' After Biden VP Kamala Harris Gets Community Noted On X After Posting About Trump
Elon Musk challenged Vice President Kamala Harris's claim about former President Trump's stance on a national abortion ban after her post on X was flagged by the Community Notes feature, asserting that Trump's position has been misrepresented.
Jim Cramer Has A Market Strategy: Interest Rates Up, Buy Mag 7; Rates Down, Buy Everything
Jim Cramer, the host of CNBC's "Mad Money," has advised investors to consider buying the 'MAG 7' stocks when interest rates rise and to buy everything when rates fall.
Elon's Election Revenge on Biden - Ad
One man believes Elon Musk is set to launch a massive act of REVENGE against President Joe Biden's re-election campaign as soon as July 18th. It has nothing to do with AI... self-driving cars... rocket ships... or any other inventions that Elon gets press about. Instead, he believes that Elon will usher in an unexpected outcome in the 2024 presidential race.
Why Is Vaccine Maker Emergent BioSolutions Stock Trading Higher On Tuesday? (UPDATED)
Emergent BioSolutions has secured over $250 million in contract modifications from the ASPR at the U.S. Department of Health and Human Services. The funding ensures the supply of critical medical countermeasures, including Cyfendus for anthrax, ACAM2000 for smallpox, VIGIV for smallpox vaccine complications, and BAT for botulism.
Federal Court Dismisses Marijuana Companies' Lawsuit Against Government Prohibition
Federal court dismisses marijuana companies' lawsuit against federal prohibition, citing Supreme Court precedent.
The Mysterious Tale of "America's No. 1 Retirement Stock" - Ad
This factory of 53,000 employees, in Burbank, CA, was camouflaged to look like a sleepy suburb (with the help of artists, set designers, and painters from nearby Hollywood movie studios). The mysterious company behind this disappearing act is now being called "America's No. 1 Retirement Stock".
'Funny How They Blame Crypto,' Says Tesla Bull Ross Gerber After Report Indicates Citigroup Was Favorite Bank Of Money Launderers: We Know The 'Glaring Truth'
Influential investor and CEO of Gerber Kawasaki Wealth, Ross Gerber, has expressed skepticism over the blame often placed on cryptocurrencies in the face of regulatory concerns. What Happened: On Monday, Gerber took to X, formerly Twitter, to share his views on the ongoing debate around cryptocurrency regulation.
Mississippi Judge Upholds State Law Mandating Drug Discounts for Low-Income Patients
A Mississippi judge upheld a state law requiring drugmakers to offer discounts on medications through third-party pharmacies for low-income populations, rejecting lawsuits from PhRMA and Novartis.
5 Wall Street Legends Just Bought This One Stock - Ad
"If you're not at the table, you're on the menu," says former Goldman Sachs VP, Dr. David Eifrig.
Supreme Court Rejects Trump-Ally Steve Bannon's Appeal, Prison Sentence Looms
The Supreme Court dismissed Steve Bannon's final appeal to avoid prison, mandating him to report to prison by July 1 for his contempt of Congress conviction.
Gun Rights For Cannabis Users Remain In Limbo: Supreme Court Sends Case Back To Lower Court For Further Review
U.S. Supreme Court remands gun rights for marijuana users to lower court, following ruling in U.S. v. Rahimi case. DOJ equates users with mental illness.
Ex-CIA Insider Exposes How Dems Could Rig the Election - Ad
In 2016, surveys were giving Hillary Clinton more than 99% chance of winning right up until election night. But right before the election... Former advisor to the CIA, Jim Rickards predicted Trump would win. You won't believe what he's predicting now. And it could have huge implications for the financial markets.
Trump Reportedly Makes Decision On VP Pick, Says Running Mate Will Be At Debate
Former President Donald Trump has made a decision on his vice presidential nominee for the forthcoming election.
Football Legend Ronaldinho Says 'Time For Crypto To Go Mainstream:' Is Another Token Themed After Him On The Way?
Brazilian football legend Ronaldo de Assis Moreira, better known as Ronaldinho, sounded bullish on cryptocurrencies with a recent post on X, formerly Twitter, part of a larger trend of well-known figures putting their weight behind what is still regarded as a volatile asset class.
AI Giant To Close the AI "Wealth Window' June 25? - Ad
On June 25, AI Giants will reveal "AI 2.0" to major tech executives, marking a pivotal moment in investing. This next-gen AI promises to transform lives and create a $15.7 trillion global market by 2030. This brief opportunity exists for early investors to capitalize on small breakthrough companies before this wealth window closes.
Micron Technology Stock Drops Over 5% In Pre-Market Despite Beating Q3 Revenue Estimates — Here's Why
The recent sell-off could be due to minor profit booking after stellar results.
Powerball Winnings Gone: What Happens To Unclaimed Lottery Tickets
Powerball winners often take home tens to hundreds of millions of dollars. Tickets that are lost or not claimed in time end in a different result.
Forget AI, Imperium Is Expected to Grow 320,000% In 3 Years - Ad
Three of the world's biggest AI companies -- Google, Nvidia and Intel -- have even partnered with my No. 1 Imperium company to get on this massive mega trend. The average investor hasn't caught on yet, but you can still invest in my No. 1 Imperium company for just $10 a share.
Tommy Tuberville Sells Several Large Stock Positions, Makes New Buys: Here's What The US Senator Is Betting On Now
Senator Tommy Tuberville disclosed numerous stock trades on Friday June 14. A look at some of the key highlights.
Green Dreams vs. AI Reality: Google's Emissions Soar Amid Tech Expansion
Alphabet Iowned Google saw a nearly 50% surge in emissions over the past five years due to AI integration, challenging its 2030 carbon elimination goal. Google's 2023 emissions reached 14.3 million metric tons of CO2 equivalent, 48% higher than in 2019.
July 22nd - The Biggest Crypto Event in History - Ad
According to the man who called every major market top and bottom for the last 29 years... A single event triggering on June 24th will send the crypto market soaring. But what's more exciting... is that this event could send a small sector of the crypto market soaring 5X, 25X, and even 100X higher in just days.
Trump Is Raising Enough Money To Wipe Out Biden's Once Significant Cash Advantage
The campaign of former President Donald Trump has seen a significant increase in donations, surpassing that of President Joe Biden, following Trump's felony conviction.
Bitcoin Rebounds From ETF Outflows, Back Above $61K
Bitcoin (CRYPTO: BTC) has bounced from its poor showing in Monday trading and is trading back above $61,000, despite significant net outflows from spot ETFs.
New "Living Missile" to Replace Nuclear Missiles - Ad
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
Boeing Faces Sanctions From NTSB Over Unauthorized Release Of 737 MAX Investigation Details
The NTSB's action further strains the relationship between Boeing and government agencies, amid the planemaker's efforts to avoid criminal charges from the U.S. Department of Justice (DOJ) before a July 7 deadline.
Stocks Show Modest Gains Ahead Of Fed's Inflation Report; Chipmakers Struggle, While Gold And Bitcoin Rebound: What's Driving Markets Thursday?
Wall Street experienced a subdued trading day on Thursday, as traders likely chose to remain on the sidelines in anticipation of Friday’s release of the Federal Reserve’s preferred inflation gauge.
Buy This Sub-$5 Play on His Final Masterpiece - Ad
I just issued my latest prediction on how this billionaire is about to shock the world with what I believe will be his final masterpiece. Once he flips the switch... Which could happen as early as mid-2024... I believe it could send this sub-$5 play skyrocketing in the coming months.
Nike To Gain From Innovation Reacceleration And Strengthening Inventory Backdrop, Goldman Sachs Analyst Says
Goldman Sachs analyst Brooke Roach has reiterated a Buy rating on Nike with a target price of $118. Roach is optimistic about Nike's innovative strides, especially ahead of the F4Q earnings call scheduled for June 27. The analyst anticipates detailed discussions on Nike's future innovations and strategies for scaling these developments.
Bitcoin At 'Do-Or-Die' Level And Dogwifhat 'Just Looks Sh*t,' Says Top Trader: 'Can't Pin This On Me'
Bitcoin (CRYPTO: BTC) is currently at a critical juncture, according to a prominent crypto analyst.
Discover "U.S.'s New Money" Before Biden Wins - Ad
A new form of money has emerged in America, and it's making some folks wildly rich... (Musk and Bezos both use it). Find out how you can too in this free video.
What's Going On With Nvidia, Semiconductor Peers Monday?
Nvidia faces charges from French regulators, while stock prices for NVDA and AMD drop. Both companies have been affected by increased AI chip demand.
Tesla's Chinese Rival NIO Unveils Fourth-Generation Battery Swap Stations With Nvidia Chips, Multi-Brand Support: Report
NIO debuts advanced fourth-gen battery swap stations with NVIDIA chips, enabling autonomous capabilities and faster service, revolutionizing electric vehicle charging infrastructure in China.
Nvidia Is Now Part of $3 Trillion Market Cap Club - Ad
Nvidia has become the third company ever to have a market cap greater than $3 trillion. And now, Nvidia is pivoting to the next AI frontier it plans to conquer. This recent move is valued at $1 trillion... at least. A small handful of Nvidia's other partners could see their own stocks benefit from it.
Trump's Plan To Kill Income Taxes Whiffs, Critics Say: 'It's A Sure Way To Hit Low- And Middle-Income Americans'
Trump pitches tax plan that experts say will hurt most Americans and help wealthy individuals.
Tesla Model 3 Long Range Now Qualifies For Full $7,500 Tax Credit
Tesla Inc (NASDAQ: TSLA) announced the new Model 3 Long Range (LR) now qualifies for the full $7,500 federal tax credit in the
Amazon's Betting Big on This Unknown AI Company - Ad
Amazon has just made a stunning $144 million investment in one small AI company. Why? Because this under-the-radar firm holds the key to unleashing the full potential of next-gen AI... Its technology is crucial for the most advanced AI chips, including Nvidia's latest breakthrough.
Scaramucci Says Democrats Have To 'Switch Up Their Strategy Immediately' After Biden's 'Brutal' Debate Performance: 'Trump Will Win On Nov. 5 Unless ...'
Scaramucci says time might be running out for Democrats if they want a fair chance of putting up a good show in the Nov. 5 election.
What's Going On With Annovis Shares Today?
Annovis Bio shares rise in premarket trading on positive Phase III Parkinson's study results for buntanetap, showing cognitive improvements and stability compared to placebo.
What Is Nvidia's New $1 Trillion Superproject? - Ad
While most are still focused on Nvidia's recent performance, they're missing this massive, $1 trillion pivot Nvidia's making right now. But it's what's happening behind the scenes that should be most exciting for investors. We've identified three companies that Nvidia needs to lean on to help get the job done.
Is Altseason Around The Corner? Real Vision Analyst Reveals Key Indicators
Real Vision analyst Jamie Coutts on Thursday presented an optimistic outlook for high-quality altcoins, highlighting that the current setup appears increasingly favorable as global liquidity gears up for expansion.
Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.