Solid Stocks to Buy – Visa (V) and J.M. Smucker Company (SJM)

My picks for 2-18-13 are Visa ($V) and J.M. Smucker Company ($SJM).

Both companies have had steady share price growth over the past year and they have both met or exceeded Wall Street’s expectations for earnings in the last four quarters.

For the analysts that follow Visa, there is a good bit of upside to the share price as they are looking for a price in the the mid $170 range at the low end. They also provide a dividend, although the yield is currently only .80%. The analysts continue to revise their earnings per share estimates upward as Visa continues to outperform.

Smucker has been growing at a steady pace for the last five years. From a low of $35.01 to the most recent high of $94.99. They provide a nice dividend that yields 2.30%. Insiders in the company and institutional holders have been holding onto most of their shares as the last 6 months have seen an outflow of only 1.6% and 8.61% respectively.

I see both companies continuing to perform very well and they would be a nice addition to your portfolio.