Published on 1 Nov 2023 on Insider Monkey via Yahoo Finance
What Makes Seneca Foods Corp. (SENEA) an Attractive Opportunity?
Greystone Capital Management, an investment management company, released its third-quarter 2023 investor letter. A copy of the same can be downloaded here. In the third quarter, the return for separate accounts managed by the firm was -11.4%, net of fees compared to S&P 500’s and Russell 2000’s returns of -3.2% and -5.1%, respectively. Client portfolios are invested in small companies outside of major indices, resulting in returns that differ from those indices. In addition, please check the fund’s top five holdings to know its best picks in 2023.
Greystone Capital Management highlighted stocks like Seneca Foods Corporation (NASDAQ:SENEA) in the third quarter 2023 investor letter. Headquartered in Fairport, New York, Seneca Foods Corporation (NASDAQ:SENEA) offers packaged fruits and vegetables. On October 31, 2023, Seneca Foods Corporation (NASDAQ:SENEA) stock closed at $54.65 per share. One-month return of Seneca Foods Corporation (NASDAQ:SENEA) was -0.91%, and its shares lost 11.95% of their value over the last 52 weeks. Seneca Foods Corporation (NASDAQ:SENEA) has a market capitalization of $415.009 million.
Greystone Capital Management made the following comment about Seneca Foods Corporation (NASDAQ:SENEA) in its Q3 2023 investor letter: