4 Packaged Foods Stocks to Buy Now

HRL, SENEA, JBSS, WWAY improve in weekly rankings

   
4 Packaged Foods Stocks to Buy Now

This week, four Packaged Foods stocks are improving their overall ratings on Portfolio Grader. Each of these stocks is rated an “A” (“strong buy”) or “B” overall (“buy”).

Hormel Foods (NYSE:HRL) is progressing from last week’s rating of B (“buy”) as the company improves to an A (“strong buy”) this week. Hormel Foods manufactures and markets consumer-branded meat and food products. In Portfolio Grader’s specific subcategory of Equity, HRL also gets an A. The stock price has risen 8.1% over the past month, better than the 2.3% increase the S&P 500 has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of HRL stock.

Seneca Foods’ (NASDAQ:SENEA) grade is moving up to a B (“buy”) this week from last week’s C (“hold”). Seneca Foods produces and distributes processed fruits and vegetables. Investors seem to agree with the upgraded status of the stock, and have pushed the stock up 5.3% over the past month. For more information, get Portfolio Grader’s complete analysis of SENEA stock.

John B. Sanfilippo & Son (NASDAQ:JBSS) improves from a B to an A rating this week. John B. Sanfilippo & Son processes, packages, markets, and distributes shelled nuts, in-shell nuts, and sesame sticks. The stock’s trailing PE Ratio is 9.70. For more information, get Portfolio Grader’s complete analysis of JBSS stock.

This week, Westway Group (NASDAQ:WWAY) pushes up from a C to a B rating. Westway Group provides bulk liquid storage and related value-added services worldwide. For more information, get Portfolio Grader’s complete analysis of WWAY stock.

Louis Navellier’s proprietary Portfolio Grader stock ranking system assesses roughly 5,000 companies every week based on a number of fundamental and quantitative measures. Stocks are given a letter grade based on their results — with A being “strong buy,” and F being “strong sell.” Explore the tool here.


Article printed from InvestorPlace Media, http://investorplace.com/2013/03/4-packaged-foods-stocks-to-buy-now-hrl-senea-jbss-3/.

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