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


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.