Seneca Foods Still Offers Enough Upside

2026-03-09 12:15:43 ET

One of my better calls over the last few years now has been Seneca Foods Corporation ( SENEA ), a rather small food-oriented business with a market capitalization today of $940.1 million. Through the several facilities that the business has in operation across the U nited States , it packages, cans, and distributes fruits and vegetables. Normally, I'm not a fan of companies that operate in a commoditized manner. But if the price is right, I am not afraid to turn bullish. Since I last reaffirmed the company as a "Buy" candidate back in December of last year, the stock has risen 21.6%. Over that same time, the S&P 500 is up only 0.3%. But that's nothing. Since I originally rated it a "Buy" in June of last year, shares have risen 46.7%. The market, meanwhile, is up 15.3%....

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