Seaboard (SEB) exhibits exceptional technical momentum, gaining 80% over the past year and recently hitting new all-time highs. SEB maintains a 100% “Buy” technical opinion from Barchart. Despite limited Wall Street coverage, SEB is rated “Above Average” by Value Line and a “Buy” by CFRA. SEB’s appeals to risk-tolerant investors as it lacks earnings projections. Today’s Featured Stock Valued at $4.5 billion, Seaboard (SEB) is a diversified international agribusiness and transportation company. I ...

Core Insights - The article discusses potential stock picks related to Thanksgiving dinner, highlighting how rising food prices may signal investment opportunities in certain companies [2][3]. Company Summaries - **Seaboard Corporation (SEB)**: Known for its Butterball turkey brand, SEB has seen its stock rise over 65% this year. Despite a high nominal price exceeding $4,000, it trades at just 9x earnings, indicating value compared to competitors [4][5][6]. - **Campbell's Company (CPB)**: CPB is recognized for its role in Thanksgiving side dishes, particularly with its Cream of Mushroom soup. The stock is down 26% in 2025 but shows signs of a potential bullish reversal, with a price target of $34.59 suggesting nearly 12% upside [7][9]. - **General Mills (GIS)**: As a key player in baking products, GIS has experienced a year-to-date decline of approximately 25%. Analysts project a price target of $55.82, indicating an 18% upside potential, with the stock trading at 10x earnings [10][11]. - **McCormick & Company (MKC)**: Historically strong in the current quarter, MKC's stock is attractively valued at 21x earnings. Analysts have set a price target of $78.22, reflecting a potential 21% upside, alongside a stable dividend yield of 2.79% [12][13]. - **Constellation Brands (STZ)**: This company, known for its wine and beer products, has seen its stock decline over 40% this year. Analysts project a price target of $186.44, suggesting over 43% upside, with a low valuation of 9.6x forward earnings [14][15].

Market Overview - Despite markets hovering near all-time highs, there is a shift from exuberance to cautious optimism, influenced by weak U.S. employment numbers and the potential economic impact of a federal government shutdown [1] - The market has not seen a 10% correction in over six months, leading investors to brace for a potential drawdown instead of a year-end rally [2] Value Stocks - Investors sitting on significant unrealized gains may consider reallocating to value stocks to minimize losses and generate income through dividends [2] - Five value stocks with a market cap of $3 billion or higher and a Benzinga Edge Value score of at least 90 are highlighted for portfolio protection in volatile environments [3] Sasol Ltd. - Sasol Ltd. has a Benzinga Edge Value Score of 99.66, with a market cap of $3.94 billion, trading at 10 times earnings, a P/B value of 0.4, and a P/S ratio of 0.27, indicating it is undervalued compared to U.S. and emerging market peers [4] - The stock has shown volatility but has evidence of upward momentum, with key technical levels to watch for a potential breakout [6] Gerdau SA - Gerdau has a Benzinga Edge Value Score of 97.67, with a market cap of $7 billion, trading at 8 times forward earnings, a P/B value of 0.70, and a P/S ratio of 0.37, along with a 3.27% dividend [7] - The stock has been trending higher since a Golden Cross in August, currently over 10% above its 50-day SMA, indicating bullish momentum [9] Ecopetrol SA - Ecopetrol has a Benzinga Edge Value Score of 97.47, with a market cap of $19 billion and annual sales exceeding $30 billion, showing a nearly 20% increase year-to-date [10] - The stock's fundamentals and technical trends are favorable, with a P/E ratio of 6.55 and a P/S ratio of 0.64, and bullish momentum is building [12] Seaboard Corp. - Seaboard has a Benzinga Edge Value Score of 94.03, with a market cap of $3.5 billion and annual sales over $9 billion, trading at 9 times earnings, a P/S ratio of 0.36, and a P/B ratio of 0.71 [13] - Recent signals indicate a revival in bullish momentum, with a significant rally taking the share price above the 50-day SMA [15] Fluor Corp. - Fluor has a Benzinga Edge Value Score of 91.46, with a market cap of $7 billion and annual sales exceeding $16 billion, trading at just 2 times earnings and a P/S ratio of 0.47 [16] - The stock has seen a 15% increase in the last three months, breaking above its 50- and 200-day SMAs, indicating a potential momentum reversal [18]

Group 1 - Seaboard Corporation (SEB) is granted a Buy rating, indicating a positive outlook for generating value for investors [1] - The company has diversified its operations, which is expected to contribute to its continued success [1] Group 2 - Daniel Mellado, an economist with a Master's Degree in Statistics, has experience in analyzing agricultural commodities and managing trading and data analysis teams [1] - The trading team under his management invested in bonds, equities, and ETFs, showcasing a broad investment strategy [1] - Mellado's future analyses will focus on sectors including commodities, banking, technology, and pharmaceuticals, utilizing financial statements and macroeconomic variables for recommendations [1]

Core Viewpoint - Seaboard Corporation (SEB) is rated as a Buy, indicating a positive outlook for generating value for investors due to its diversified operations [1] Company Analysis - Seaboard Corporation has diversified its operations, which is expected to contribute to its continued value generation for investors [1] Analyst Background - Daniel Mellado, an economist with a Master's Degree in Statistics, has experience in analyzing the agricultural commodity market and managing trading and data analysis teams [1] - His expertise includes developing strategies for algorithmic trading and providing analysis and valuation for companies in commodities, banking, technology, and pharmaceuticals [1]

Financial Performance - Seaboard Corporation reported net sales of $2,540 million for the three months ended September 27, 2025, representing a 14.5% increase from $2,218 million in the same period of 2024[2]. - Operating income for the three months ended September 27, 2025, was $84 million, compared to $32 million for the same period in 2024, marking a 162.5% increase[2]. - Net earnings attributable to Seaboard for the three months ended September 27, 2025, were $109 million, a significant recovery from a net loss of $149 million in the same period of 2024[2]. - Earnings per common share for the three months ended September 27, 2025, were $113.71, compared to a loss of $153.44 per share in the same period of 2024[2]. - For the nine months ended September 27, 2025, net sales were $7,336 million, up from $6,618 million in the same period of 2024, reflecting a 10.8% increase[2]. - Operating income for the nine months ended September 27, 2025, was $174 million, compared to $42 million for the same period in 2024, indicating a substantial improvement[2]. - Net earnings for the nine months ended September 27, 2025, were $243 million, a recovery from a loss of $66 million in the same period of 2024[2]. Shareholder Returns - Seaboard declared a quarterly cash dividend of $2.25 per share, consistent with the previous quarter's dividend[3]. Share Information - The average number of shares outstanding decreased slightly to 958,618 for the three months ended September 27, 2025, from 971,055 in the same period of 2024[2]. Tax Considerations - The company recorded a valuation allowance on its U.S. deferred tax assets of $176 million in the previous year, impacting financial results[2].

Core Insights - Palm Valley Capital Fund reported a 2.35% appreciation in Q3 2025, underperforming the S&P SmallCap 600's 9.11% gain and the Morningstar Small Cap Total Return Index's 7.99% rise [1] - The Fund's cash equivalents increased from 73.5% to 74.1% during the quarter, indicating a cautious investment strategy [1] - Small-cap stocks outperformed large caps due to expectations of Federal Reserve easing and reduced tariff concerns impacting corporate profits [1] Company Analysis: Seaboard Corporation (AMEX:SEB) - Seaboard Corporation's stock experienced a one-month return of -8.82% but gained 13.90% over the past 52 weeks, closing at $3,536.60 with a market capitalization of $3.392 billion on October 7, 2025 [2] - The Fund sold its investment in Seaboard Corporation during Q3 2025, having acquired it at a significant discount to tangible book value, which increased to nearly 50% in early 2025 [3] - Seaboard operates in cyclical industries, showing volatility in operating results, yet has consistently generated profits across various business cycles [3] - The company is actively modernizing and expanding its infrastructure, utilizing cash flows for aggressive investments [3] Investment Sentiment - Seaboard Corporation is not among the top 30 most popular stocks among hedge funds, with 19 hedge fund portfolios holding it at the end of Q2 2025, a slight decrease from 20 in the previous quarter [4] - While Seaboard is recognized for its potential, the analysis suggests that certain AI stocks may offer better upside potential with lower downside risk [4]

Group 1 - The article emphasizes a value-oriented approach to finance, highlighting that valuation is more indicative of long-term opportunities or risks rather than short- to mid-term timing indicators [1] - The author prioritizes the written word and data over simple ratings, often assigning hold/neutral ratings even when having a bullish or bearish inclination [1] - The article aims to inform readers rather than make investment decisions, acknowledging that rating systems do not account for different time horizons or investment strategies [1] Group 2 - There is a disclosure stating that the author has no stock, option, or similar derivative positions in any mentioned companies and no plans to initiate such positions within the next 72 hours [2] - The article expresses the author's personal opinions and indicates that they are not receiving compensation for it, aside from Seeking Alpha [2] - Seeking Alpha clarifies that past performance does not guarantee future results and that no specific investment recommendations are being made [3]

[Earnings Report and Dividend Declaration](index=1&type=section&id=Earnings%20Report%20and%20Dividend%20Declaration) Seaboard Corporation's unaudited earnings report for Q2 2025 highlights strong financial growth and the declaration of a quarterly cash dividend [Company and Reporting Period Details](index=1&type=section&id=Company%20and%20Reporting%20Period%20Details) Seaboard Corporation (NYSE American symbol: SEB) released its unaudited earnings report for the three and six months ended June 28, 2025, and June 29, 2024, from its offices in Merriam, Kansas - Seaboard Corporation (NYSE American symbol: SEB) is headquartered in Merriam, Kansas[1](index=1&type=chunk) - The report covers unaudited earnings for the three and six months ended June 28, 2025, and June 29, 2024[1](index=1&type=chunk) [Summary Financial Performance](index=1&type=section&id=Summary%20Financial%20Performance) Seaboard Corporation demonstrated strong financial growth for both the three and six months ended June 28, 2025, with significant increases in net sales, operating income, and net earnings attributable to Seaboard, leading to substantial growth in earnings per common share Summary Financial Performance (Unaudited, in millions of dollars except per share amounts) | Metric | Three Months Ended June 28, 2025 | Three Months Ended June 29, 2024 | YoY Change (3M) | Six Months Ended June 28, 2025 | Six Months Ended June 29, 2024 | YoY Change (6M) | | :-------------------------------- | :------------------------------- | :------------------------------- | :---------------- | :------------------------------ | :------------------------------ | :---------------- | | Net sales | $2,480 | $2,209 | +12.27% | $4,796 | $4,400 | +9.00% | | Operating income | $52 | $30 | +73.33% | $90 | $10 | +800.00% | | Net earnings attributable to Seaboard | $102 | $61 | +67.21% | $134 | $83 | +61.45% | | Earnings per common share | $105.22 | $62.82 | +67.50% | $138.11 | $85.47 | +61.59% | | Average number of shares outstanding | 969,427 | 971,055 | -0.17% | 970,228 | 971,055 | -0.08% | [Dividend Declaration](index=1&type=section&id=Dividend%20Declaration) Seaboard Corporation's Board of Directors authorized and declared a quarterly cash dividend of $2.25 per common share, maintaining the same dividend rate as the prior year's comparable periods - A quarterly cash dividend of **$2.25 per common share** was authorized and declared by the Board of Directors[3](index=3&type=chunk) - The dividend is payable on August 18, 2025, to stockholders of record at the close of business on August 8, 2025[3](index=3&type=chunk) - The declared dividend of **$2.25 per common share** is consistent with the dividends declared in the three and six months ended June 29, 2024[2](index=2&type=chunk)[3](index=3&type=chunk) [SEC Filing Information](index=1&type=section&id=SEC%20Filing%20Information) Seaboard Corporation has filed its Quarterly Report on Form 10-Q with the United States Securities and Exchange Commission, making it available on its investor relations website - Seaboard Corporation filed its Quarterly Report on Form 10-Q with the United States Securities and Exchange Commission[2](index=2&type=chunk) - The Quarterly Report on Form 10-Q is accessible on the company's website at https://www.seaboardcorp.com/investors[2](index=2&type=chunk)

Group 1 - Seaboard Corporation (NYSE: SEB) is considered significantly undervalued, warranting a Buy rating [1] - The company has a solid financial position, capable of paying its long-term debt [1] Group 2 - The analyst has experience in analyzing agricultural commodity markets and managing trading and data analysis teams [1] - The trading team has invested in bonds, equities, and ETFs [1] - The analyst's approach to generating recommendations is based on financial statements, regulations, and macroeconomic variables [1]