Why McCormick Stock Rose in April
McCormick (NYSE: MKC) shareholders trounced the market in April, with the stock rising 1% compared to a 9% dive in the S&P 500, according to data provided by S&P Global Market Intelligence.
The uptick added to a wider outperformance for the spices and flavorings giant, whose shares are up about 1% so far in 2022 compared to the market's 14% slump. It was driven by McCormick's solid operating results, plus a flight toward stable, dividend-paying stocks.
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Source Fool.com