Sometimes it's better if a company can do what it needs to do without
investors flipping out over every quarterly report or speculating on
long-distant product opportunities. I believe that is particularly true
in the case of agriculture, where it is pretty much impossible to
accelerate the growing seasons and where companies deal with a customer
base that is notoriously stubborn and risk-averse.
That brings me back around to S&W Seed Company (NASDAQ:SANW).
This company had a pretty exciting 2012 and 2013, due in part to
enthusiasm over the company's efforts to grow stevia but also do to
general excitement over most things in the agricultural sector. With
less bullishness in ag stocks, as well as setbacks in the stevia efforts
and investors realizing that a shift toward new alfalfa seed varieties
wasn't going to happen in a couple of quarters, the shares have settled
down to a +/- 10% range in 2014. While there are still valid questions
as to whether the company's efforts to expand into dormant varieties and
introduce new tropical, salt-tolerant, and Roundup Ready seeds, I think
this is still an interesting long-term opportunity.
Read the full article here:
S&W Seed Company Still Building Toward Big Things
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