John B. Sanfilippo & Son's Drop Has Been Nutty (Rating Upgrade)

2025-06-15 00:05:00 ET

Even though I hate to see shares of companies fall, the good news is that it opens up the door to jump in when the stock has finally gotten cheap enough. One company that, I feel, is time to upgrade is John B. Sanfilippo & Son ( JBSS ), a nut processing and distribution company that focuses on providing cashews, mixed nuts, peanuts, and snack mixes. Back in September of last year, I mentioned that it would be ‘a little nutty’ to upgrade the company. Even though the general picture for the industry was positive from a production standpoint, prices had been on the decline. Furthermore, shares of the company were not cheap enough to justify a bullish assessment in my view....

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