When I wrote on S&W Seed Company (SANW) back in March, I was quite bullish on the prospects for the company, but relatively cautious on the stock due to very aggressive sell-side expectations and a big run in the stock. Since then, the stock has taken a few knocks as the company's fiscal third quarter earnings weren't great, the stevia business saw a big setback, and investor enthusiasm for all things ag has waned. While there's still ample execution risk here, and the scant sell-side coverage is arguably too aggressive with its targets, I think the valuation is pretty interesting for more aggressive investors.
Management Has Been Busy Doing Another Deal
It's pretty clear that S&W management...
Only subscribers can access this article, which is part of the PRO research library covering 3,581 different stocks.
Growing numbers of fund managers and other investment professionals subscribe to Seeking Alpha PRO for equity research that is unavailable elsewhere, so they can: