Scotts Miracle- Grow, I was actually surprised to see this stock drop again. The stock rose to become unaffordable earlier this year, but we are now recording negative performance in it again.
This stock represents a basic consumer good in areas such as soil, landscaping, lawn care, and all those things. The company has a tremendous competitive advantage , and a very strong and well-known brand.
You know, anytime someone goes to the store looking for this type of product, they see Scots Miracle- Grow products. The purchase is almost automatic in many cases if the customer really wants to get the premium or best brand.
Cash dividends currently exceed 5%. This is considered a very large cash return for a brand name like this. So, yes, I buy from them all the time.