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Although the agricultural e-commerce and technology enterprise Farmmi, Inc.’s (FAMI) revenues increased 31% year-over-year to $17.79 million in its last reported quarter, the stock has lost 74.1% in price over the past nine months and 70.7% over year-to-date. Furthermore, FAMI has been volatile over the past 90 days. Thus, we think FAMI may not be the right choice for cashing in on the industry tailwinds.
Instead, Flowers Foods, Inc. (FLO), Sanderson Farms , Inc. (NASDAQ:SAFM), and Herbalife Nutrition Ltd. (HLF), which have performed better than FAMI over the past months and possess strong fundamentals, could be ideal bets to capitalize on the industry’s solid growth prospects.
