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4 Packaged Foods Stocks to Buy Now

HRL, SENEA, JBSS, WWAY improve in weekly rankings

   

Four Packaged Foods stocks are moving up in their overall rating this week, according to the Portfolio Grader database. Every one of these is graded an “A” (“strong buy”) or “B” overall (“buy”).

Hormel Foods (NYSE:HRL) is making headway this week, with the company’s rating improving to an A (“strong buy”) from a B (“buy”) last 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. Shares of HRL have increased 6.2% over the past month, better than the 4.5% 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) is making progress this week as its rating of C (“hold”) from last week increases to a B (“buy”) rating this week. 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 6.9% over the past month. For more information, get Portfolio Grader’s complete analysis of SENEA stock.

John B. Sanfilippo & Son (NASDAQ:JBSS) boosts its rating from a B to an A this week. John B. Sanfilippo & Son processes, packages, markets, and distributes shelled nuts, in-shell nuts, and sesame sticks. Wall Street has pushed the stock higher by 6.5% over the past month. For more information, get Portfolio Grader’s complete analysis of JBSS stock.

This week, Westway Group’s (NASDAQ:WWAY) ratings are up from a C last week to a B. 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-5/.

©2014 InvestorPlace Media, LLC

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