Seneca Foods Corp (NASDAQ:SENEA)
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.
Recs
Should be a double bagger.
Recs
Huge insider trades. Can't be a good sign anytime five or so people sell 52 million dollars worth of the stock.
Recs
Stable long term pick, getting added to fund managers portfolios
Recs
I found this stock using a screen that looks for low p/bv ratios accompanied by favorable earnings revisions by analysts and favorable price action. The screeen has outperformed the S&P 500 by about 12% per year over the last 9 years. Seneca food's operations consist of vegetable processing and fruit processing. I also sells cans and can ends. These businesses should be stable in any economic environment. Longterm ROE is around 4% but last year's ROE was a much improved 12%. Hopefully, this trend will continue. Downside risk should be limited by the p/bv ratio of 0.87.
Recs
ccest compte
Recs
Extensive technical analysis of historical stock prices.
Recs
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.


RSS Headlines
Fool UK
- Show Me:
-
Outperform
-
Underperform
-
All
- Sort by:
-
Author
-
Recs
-
Date
-
Member Rating
-
Results 1 - 7 of 7