Why Scotts Miracle-Gro Stock Gained 16% in January

Scotts Miracle-Gro (NYSE: SMG) stock shareholders beat the market last month as their investment gained 16% compared to a roughly flat result for the S&P 500, according to data provided by S&P Global Market Intelligence.

The rally added to healthy returns for the lawn and garden care specialist, given that shares more than doubled the S&P's 30% return in 2019.

Image source: Getty Images.

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Source Fool.com