Today+s stock selection:
CALM Cal-Maine Foods : the largest egg producer in the U.S.
Profile:
http://finance.yahoo.com/q/pr?s=CALM
The company's strengths:
robust revenue growth,
largely solid financial position
with reasonable debt levels by most measures,
notable return on equity,
attractive valuation levels
and
expanding profit margins
Recently, management announced that it was generating so much cash flow that it would begin to pay a third of its net earnings as a dividend. The current yield is now in excess of 10%. Not bad for a company with these kind of growth characteristics.
http://www.forbes.com/2008/06/16/agrium-fertilizer-lindsay-pf...
The current debt-to-equity ratio, 0.49, is low and is below the industry average, implying that there has been
successful management of debt levels. Along with the favorable debt-to-equity ratio, the company maintains
an adequate quick ratio of 1.17, which illustrates the ability to avoid short-term cash problems.
The company's current return on equity greatly increased when compared to its ROE from the same quarter
one year prior. This is a signal of significant strength within the corporation. Compared to other companies in
the Food Products industry and the overall market, CAL-MAINE FOODS INC's return on equity significantly
exceeds that of both the industry average and the S&P 500.
I'm rating this stock a buy!
Really impresive fundamantals
http://www.socialpicks.com/astuk/
$31.97 (06/30/08)
