Should You Consider Investing in S&W Seed Company (SANW)?

New York-based Long Cast Advisers LLC, a boutique investment management firm, published its third-quarter 2021 investor letter – a copy of which can be downloaded here. Individual account returns ranged from flat to +4%. Year-to-date cumulative net returns through 3Q21 were 43%. You can take a look at the fund’s top 5 holdings to have an idea about their best picks for 2021.

Long Cast Advisers, in its Q3 2021 investor letter, mentioned S&W Seed Company (NASDAQ: SANW) and discussed its stance on the firm. S&W Seed Company is a Longmont, Colorado-based multi-crop and middle-market agricultural company with a $116.5 million market capitalization. SANW delivered a 2.73% return since the beginning of the year, while its 12-month returns are up by 15.33%. The stock closed at $3.01 per share on November 26, 2021.

Here is what Long Cast Advisers  has to say about S&W Seed Company  in its Q3 2021 investor letter:

“SANW (which has since rebounded) is helmed by a management team experienced in the seed business. Products long in development (lead times, driven by growing cycles, take 6-8 years and scale isn’t typically achieved until several years after product launch) are coming to market. They are one of three companies (along with Corteva and Advanta) launching a first ever dryland sorghum seed with herbicide tolerance in 2021, and they have an additional dhurrin free sorghum seed expected to launch in 2022. This latter product could enable wider adoption of sorghum as an alternative to more water intensive crops like corn. These new products could dramatically alter the company’s growth curve and valuation and the way secondary crops are grown, worldwide.”

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Based on our calculations, S&W Seed Company (NASDAQ: SANW) was not able to clinch a spot in our list of the 30 Most Popular Stocks Among Hedge Funds. SANW was in 6 hedge fund portfolios at the end of the third quarter of 2021, compared to 4 funds in the previous quarter. S&W Seed Company (NASDAQ: SANW) delivered a 6.74% return in the past 3 months.

Disclosure: None. This article is originally published at Insider Monkey.