Cal-Maine Foods, Inc. (CALM) was a big mover last session, as the company saw its shares rise roughly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 21.7% since May 8, 2015.
The company has seen 1 positive revision in the past 30 days, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for Cal-Maine Foods. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.
Cal-Maine Foods currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.
Another favorably-ranked food stock is Fufeng Group Limited (FFNGY), sporting a Zacks Rank #1 (Strong Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Be the first to comment