Seneca Foods Corp (NASDAQ:SENEA)

CAPS Rating: 4 out of 5

The Company's business activities are conducted in food and non-food processing operations. The food operation is vegetable processing and fruit processing and the non-food operation is mostly trade sales of cans and ends.


Player Avatar JayWilliamW (< 20) Submitted: 1/25/2007 11:52:48 AM : Outperform Start Price: $25.00 SENEA Score: -45.85

16% quarterly yoy growth, compared to the industry avg of 5.9%. Also has a deal in place with General Mills to pack (can) the Green Giant brand name - which, as we all know, is a pretty big brand. Margins could use some improvement, but I believe that cash flow will steadily improve as the company continues to grow. I would buy with the intent to hold for at least 2-3 years. I presently have no position in Seneca, as I have no capital to commit at this time to the packaged good industry. As for Supermarkets/Food services, I like WFMI as a value bet.

Featured Broker Partners