For some reasons there is a great demand for egg, grain and chicken related stocks globally from the USA to India. After some short pause there is renewed interest in chicken and egg related stocks globally and they are going to break their 52 weeks high again and again.
Eg: On Friday CALM one of the top egg producers in the world went up by more than 6% on huge volume.
Cal-Maine Foods Inc
Five Food Stocks To Ride Long-Term Trends
http://www.forbes.com/sites/investor/20 ... -trends/2/
This egg producer sells its eggs in the southwestern, southeastern, mid-western and mid-Atlantic regions of the United States. The $2.7 billion market capitalization firm has taken in about $1.8 billion in sales over the past 12 months.\
The model I base on the writings of hedge fund guru Joel Greenblatt is particularly high on Cal-Maine. Greenblatt’s approach is a remarkably simple one that looks at just two variables: earnings yield and return on capital. My Greenblatt-inspired model likes Cal-Maine’s 16.5% earnings yield and 48.7% ROC, which combine to make the stock the 15th best in the entire U.S. market right now, according to this approach
Cal-Maine also gets strong interest from my Peter Lynch-based model, which likes its 22% long-term earnings per share growth rate, 9.8 price/earnings ratio, and 0.44 P/E-to-Growth (PEG) ratio.
Based in Mississippi, Sanderson is the US’s third-largest poultry producer. Shares of the $1.5 billion market cap firm have struggled lately (perhaps because of bird flu fears), but the stock gets high marks from the strategy I base on the writings of Forbes columnist Ken Fisher. A few reasons: Sanderson’s 0.52 price/sales ratio, its 16.6% long-term inflation-adjusted EPS growth rate, and its 1% debt/equity ratio.
Sanderson also gets high marks from my Peter Lynch-based model, thanks to its dirt-cheap 5.4 P/E ratio and 0.3 P/E-to-Growth ratio, and gets strong