CALM - Cal-Maine Foods: A Steady Business With No Signs Of Exciting Growth
2024-03-20 10:16:28 ET
Summary
- Cal-Maine Foods is the largest producer of shell eggs in the US and its stock price recently reached its highest point at over $60 per share.
- The company operates under a vertical model, producing and distributing eggs in two categories: Conventional and Specialty.
- The company is very cyclical and only pays dividends during GAAP profitability.
- Its future ahead will be an expansion of cage-free, free-roam flocks.
Cal-Maine Foods ( CALM ) is the largest producer of shell eggs in the United States. After a recently rally pushed it over $60 per share, the stock is some of the highest it's ever been priced....
Cal-Maine Foods: A Steady Business With No Signs Of Exciting Growth