Should You Buy Scotts Miracle-Gro in May?

Alex Carchidi, The Motley Fool
·4 min read
Should You Buy Scotts Miracle-Gro in May?

Hailed as "the unquestioned leader in the U.S. consumer lawn and garden space" by equity analyst Joe Altobello, Scotts Miracle-Gro (NYSE: SMG) is a company that makes the idea of watching the grass grow into something (financially) exciting. With its selection of fertilizers, pesticides, hydroponics equipment, and gardening gear, Scotts is uniquely positioned because it serves the market for hobbyists just as gracefully as it serves commercial markets. The most compelling reason to buy Scotts is that it's already capitalizing on ever-rising demand from the cannabis industry.

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