The Globe and Mail reports in its Monday, June 2, edition that after a terrible four-year run for Saputo's stock, it is finally starting to please investors. Guest columnist Amber Kanwar writes that the company's shares are up 16 per cent from the January lows. Saputo has been languishing on the back of several issues: It swallowed a bunch of huge acquisitions before the pandemic that left the balance sheet vulnerable when COVID-19 arrived. Then, the pandemic shifted demand away from restaurants at a time when labour got expensive. Finally, Saputo has been struggling in its U.S. business. Today, however, there are signs the cream is rising to the top. RBC Capital Markets' Irene Nattel expects the U.S. business to remain "wobbly," but says the outlook is getting constructive over all. There was also a ton of insider buying in February, when the stock bottomed. Kudos to Evan Mancer, who runs a $5-billion fund at Cardinal Capital, who told "In the Money with Amber Kanwar" back in February that it was time for a fresh look at Saputo. "I think they are fully in recovery mode," Mr. Mancer said. "I think it's time to buy. ... We've had two, in our opinion anyways, good quarters and I think the U.S. is back on track."