Appleseed Fund Manager Nuts for John B Sanfilippo, Teva & FTD

Now watching

Next video starts in : 7 Play

Appleseed Fund Manager Nuts for John B Sanfilippo, Teva & FTD

Appleseed Fund Manager Nuts for John B Sanfilippo, Teva & FTD
Replay video
Up next

Costco Earnings, Housing Data: What to Watch on Wall Street May 27

Unlock your personal NFL Now stream by signing in to NFL.com

Appleseed Fund Manager Nuts for John B Sanfilippo, Teva & FTD

by TheStreet 2:53 mins

John B Sanfilippo is benefiting from health conscious consumers increasing their nut purchases, and the company is also taking market share from Diamond Foods as a result of its accounting troubles, says Adam Strauss, portfolio manager for the Appleseed Fund. Strauss is also bullish on shares of Israeli generic drugmaker Teva Pharmaceuticals saying the stock was oversold as a result of fears over potential Copaxone competition. Finally, Strauss is positive on recently spun-out FTD because the flower delivery company is uncovered on Wall Street, boasts a strong free cash flow and is comparatively asset light.

View Comments (0)