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  1. #21
    Advanced Member Valuegrowth's Avatar
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    Listed Americans chickens went up by more than 2-3% on Friday. Even one golden egg traded higher. Every time they fall or have some volatility will follow by strong rally. Very recently SAFM went down to around $85 it smashed $90 again and was trading around $93 by the end of the day on Friday.

    Weak sister Pilgrim's Pride Corporation (PPC) is also following strong brothers and it also can pass 52 weeks high sooner than later. Lately, these chickens have outperformed the share indexes during period of volatility, weak market and strong market. This is a kind of new development for poultry related stocks.

    As I said before some stocks should break not only their 52 weeks high but also their all time high. We saw few all time high records and we should see some more.
    Last edited by Valuegrowth; 06-04-2016 at 09:04 PM.

  2. #22
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    Quote Originally Posted by MARKETWINNER View Post
    Sanderson Farms has grown from a small general feed and seed business in 1947 to one of the nation's leading food corporations in fiscal 2014 and is listed on NASDAQ under the symbol SAFM.

    It is the 3rd largest poultry producer in the United States. Its prepared chicken product line includes institutional and consumer packaged partially cooked or marinated chicken items for distributors and food service establishments. It has export market as well.

    After its correction during months of September, October and November 2015, it is appreciating again and trading around 81.39.

    Can we expect breaking its 52 week high (87.40)?

    Another company in the same industry (TSN) is trading around 53.94 closer to its 52 week high (54.42).

    These companies are benefiting from falling grain prices now.

    Could it be year for consumer staples especially for tasty food stocks in 2016?

    http://seekingalpha.com/article/3773...mmodity-prices
    Tyson Foods(TSN) has gone up by 57.98% since September 3, 2015 and has outperformed by 53.32% the S&P500. Its positive trends and metrics related to earnings create demand for its stocks.

    http://www.clintongazette.com/is-buy...ning-strategy/

    Is Buying 52-Week Stock Like Tyson Foods, Inc. a Winning Strategy?
    Last edited by Valuegrowth; 16-04-2016 at 12:34 PM.

  3. #23
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    http://www.wattagnet.com/blogs/6-all...rnings-in-2017

    Is Sanderson Farms poised for big earnings in 2017?


    http://www.wattagnet.com/blogs/27-an...ming-debt-free

    Kudos to Sanderson Farms for becoming debt-free
    Last edited by Valuegrowth; 12-06-2016 at 05:40 AM.

  4. #24
    Advanced Member Valuegrowth's Avatar
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    In this global sell-off, SAFM was one food stock which stood out from the rest along with TSN. Both are chickens. Both went up on a double the volume of average volume. Even Hormel Foods Corporation (HRL), producer of various meat and food products ended up by becoming one of the winners in global stock markets.

  5. #25
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    As I said before, American Chickens have more legs.

    http://www.benzinga.com/analyst-rati...upgrade-sander

  6. #26
    Advanced Member Valuegrowth's Avatar
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    American chicken stocks had strong demand ahead of Fed and Bank of Japan meetings. These types of food stocks can have demand before any meetings and after any meetings.

  7. #27
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    This particular stock together with some stocks including another food stock ConAgra Foods, Inc. (CAG) bucked the trend when global market dropped yesterday.

    Day’s range: 95.49- 98.11(very close to 52 week high)

    Up by 0.86% on above average volume

    52 weeks range: 64.54 -99.40

    CAG also went up by more than 7% on above average volume.

  8. #28
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    Poultry stocks in the USA went down sharply on Friday mainly share prices of Tyson foods due to allegation. It triggered after an analyst’s comments on Tyson. Law suit has affected poultry stocks in the USA. The lawsuit filed last month alleged that Tyson colluded with Koch Foods and others in the broiler chicken business.

    However, Tyson spokesman disputed the allegations in the complaints and the speculative conclusions reached by the analyst, and said; we will defend ourselves in court.

    Entire group has come to much oversold situation now. I believe it is going to create another great opportunity just like in previous occasions during last two years. Value investors will wait patiently until dust settle.

    There could be some effect on Animal Feed prices as well.

    Pivotal Research is the only brokerage that has “sell” on Tyson. Among 11 brokerages covering the company (Tyson) At least six brokerages rate the stock “buy” or higher and four “hold”.

    Will its(TSN) competitors benefit?
    Last edited by Valuegrowth; 08-10-2016 at 08:51 AM.

  9. #29
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    SAFM became a one of the biggest gainers and its share prices went up by more than 5.37% on Monday. Tyson (TSN) also went up by more than 4% on a volume of 5,460,472 after reaching oversold territory and PPC went up by more than 3.57%. Market participants are creating more demand for defensive stocks now.

    https://www.equities.com/news/sander...-on-october-10

  10. #30
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    Lawsuits had some affects initially. Now it is scrutiny on pricing. It should create another opportunity for those who missed those stocks.

    http://seekingalpha.com/news/3221354-scrutiny-chicken-pricing-drives-tsn-ppc-safm-lower

    Scrutiny on chicken pricing drives TSN, PPC and SAFM lower
    Last edited by Valuegrowth; 05-11-2016 at 01:31 PM.

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