Fresh Del Monte Produce Inc (FDP)

[10baggerlong]

From Zacks Equity Research:


Fresh Del Monte Produce Inc. : Based in George Town, Cayman Islands, the company has a forward P/E of 14.19x. The company produces, markets and distributes fresh-cut fruit and vegetables worldwide in addition to the manufacturing of plastic and box products including bins, trays, bags, and boxes. The stock has retained its Zacks Rank #1 (Strong Buy) since Aug 31.

The U.S. agriculture sector had performed relatively better than other sectors in the economy during the Great Recession and its immediate aftermath. A vibrant U.S. agricultural sector is essential for the overall growth and prosperity of the nation and these high-potential stocks with strong fundamentals pledge a healthy ROI during this uncertain time.