5 Best Sugar Stocks to Buy Now

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In this piece, we take a look at the five best sugar stocks to buy now. For more stocks, take a look at 10 Best Sugar Stocks to Buy Now.

5. Seaboard Corporation (NYSE:SEB)

Number of Hedge Fund Holders: 14

Seaboard Corporation (NYSE:SEB) is an American agricultural and transportation business. It has six operating segments, one of which is directly involved in the production and selling of sugar and power generation through sugarcane by products. The firm is headquartered in Merriam, Kansas.

Seaboard Corporation (NYSE:SEB) shares have withstood the storm that caused the S&P 500 to tank by 15.2% year to date, as during the same time period, the company’s shares have dropped by only 3.36%. Additionally, its operating income and net income grew strongly during its fiscal year 2021, marking annual growths of $219 million and $287 million, respectively. Compared to its peers, Seaboard Corporation (NYSE:SEB)’s price to earnings ratio of 10, price to operating cash flow ratio of 7.3, and enterprise value to EBITDA ratio of 7.4 make it one of the cheapest stocks among its peers.

Insider Monkey’s Q2 2022 survey of 895 hedge funds revealed that 14 had held the company’s shares.

Out of these, Irving Kahn’s Kahn Brothers is Seaboard Corporation (NYSE:SEB)’s largest investor. It owns 9,908 shares that are worth $38 million.

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