4 Packaged Foods Stocks to Buy Now

Advertisement

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”).

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. In Portfolio Grader’s specific subcategories of Cash Flow and Margin Growth, SENEA also gets A’s. Shares of SENEA have increased 7.4% over the past month, better than the 1.3% decrease the Nasdaq has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of SENEA stock.

This week, John B. Sanfilippo & Son (NASDAQ:JBSS) is making solid headway. The company’s rating improves to an A (“strong buy”) from last week’s B (“buy”) rating. John B. Sanfilippo & Son processes, packages, markets, and distributes shelled nuts, in-shell nuts, and sesame sticks. Investors seem to agree with the upgraded status of the stock, and have pushed the stock up 9.3% over the past month. For more information, get Portfolio Grader’s complete analysis of JBSS stock.

Westway Group’s (NASDAQ:WWAY) ratings are looking better this week, moving up to a B from last week’s C. Westway Group provides bulk liquid storage and related value-added services worldwide. For more information, get Portfolio Grader’s complete analysis of WWAY stock.

Hormel Foods (NYSE:HRL) earns an A this week, jumping up from last week’s grade of B. Hormel Foods manufactures and markets consumer-branded meat and food products. Investors have pushed the stock price up 8.3% over the past month. For more information, get Portfolio Grader’s complete analysis of HRL 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, https://investorplace.com/2013/07/4-packaged-foods-stocks-to-buy-now-senea-jbss-wway-10/.

©2024 InvestorPlace Media, LLC