4 Packaged Foods Stocks to Buy Now

SENEA, JBSS, WWAY, HRL improve in weekly rankings

   
4 Packaged Foods Stocks to Buy Now

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 Corporation Class A (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. For more information, get Portfolio Grader’s complete analysis of SENEA stock.

John B. Sanfilippo & Son, Inc. (JBSS) is making headway this week, with the company’s rating improving to an A (“strong buy”) from a B (“buy”) last week. John B. Sanfilippo & Son processes, packages, markets, and distributes shelled nuts, in-shell nuts, and sesame sticks. The stock’s price of $24.03 is above the 50-day moving average of $23.58. Shares of the stock have been trading at an exceptionally rapid pace, up threefold from the week prior. For more information, get Portfolio Grader’s complete analysis of JBSS stock.

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

This week, Hormel Foods Corporation (HRL) pushes up from a B to an A rating. Hormel Foods manufactures and markets consumer-branded meat and food products. With a price of $43.40, it is above the 50-day moving average of $42.97. 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, http://investorplace.com/2013/11/4-packaged-foods-stocks-to-buy-now-senea-jbss-wway-26/.

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