Seneca Foods

If you like finding really off-the-radar stocks, you might want to check out little Seneca Foods (SENEA). This is a small food company based in upstate New York. The company was started in 1959 by Arthur Wolcott who still serves as Chairman of the Board.
I haven’t drilled down on the numbers but it looks like Seneca is going for about seven times earnings. Best of all, this is one of those stocks that’s almost completely ignored by Wall Street.
If you have the time, you can listen to a 42-minute presentation Seneca gave to Merrill Lynch’s Consumer Conference yesterday.

Posted by on March 11th, 2010 at 1:02 pm


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