John B. Sanfilipop & Son (JBSS-Q)

(A Top Pick Dec 10/13. Up 61.03%.) This was a great pick at the time. He sold most of his stock when it got into the low $40. They make and package nuts.

Processor of nuts. Had some troubles with pricing, but they are fixing those. They have a lot of capacity that is not used right now so have lots of room to grow. Well-run. Family owned. Not very liquid and not covered, but very interesting, and is still a Buy. Chart looks like it wants to keep going up.

A processor of all sorts of nuts. Had a bit of a rough ride for the last 10 years. Margins got hurt about 5-6 years ago as they concentrated more on the industrial nut market but are now becoming a consumer’s packaged goods play. Have 2 very attractive brands. Have a big new plant, which is only running at 50% capacity and they can double their capacity without any extra investment. Entering into China as well. Thinks margins are going to expand pretty rapidly. No analyst covers this, which he loves.