Thursday, May 30, 2013

Investopedia: Sanderson Farms Riding Investor Enthusiasm For Protein

Investors are certainly feeling a little more carnivorous these days, as optimism over improving prices and margins has pushed the shares of companies like Tyson (NYSE:TSN) to all-time highs. It certainly has hurt matters even slightly that Smithfield (NYSE:SFD) just bagged a takeout offer at a premium price as well. That leaves investors with a tough choice with the country's third-largest poultry producer Sanderson Farms (Nasdaq:SAFM). It's very difficult to goose the numbers high enough to make this stock look cheap on a long-term basis, but the near-term momentum could make selling today look like a chicken move.

Click this link to continue:
http://www.investopedia.com/stock-analysis/053013/sanderson-farms-riding-investor-enthusiasm-protein-safm-tsn-sfd-ppc.aspx

No comments: