Cal-Maine Foods, Inc. (NASDAQ:CALM)
CAPS Rating:
The Company is in the business of producing, grading, packaging, marketing and distribution of shell eggs.
The World's Greatest Investing Community
The Company is in the business of producing, grading, packaging, marketing and distribution of shell eggs.
BATS data provided in real-time. NYSE, NASDAQ and AMEX data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates and Analyst Ratings provided by Zacks.
SEC Filings and Insider Transactions provided by Edgar Online.
Powered and implemented by Interactive Data Managed Solutions. Terms & Conditions
RSS Headlines
Fool UK
Recs
I'm swinging from bear to bull on this one. As noted previously, CALM rose in the past on overseas sales. When the dollar is weak, overseas sales are a no-brainer. There are two results from this dynamic: 1. domestic retail prices soar and 2. so do company profits. 2010 is looking a lot like 2006-7.I'm in with real money.
Just for fun, compare the five year Eurodollar chart to the share price chart of CALM. sweeeet.
http://www.google.com/finance?hl=en&q=CURRENCY:EURUSD&ei=IfPTTPewNYKglAf23aWtBQ&sa=X&oi=currency_onebox&ct=currency_onebox_chart&resnum=1&ved=0CBwQ5QYwAA