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
Sanderson Farms, Inc. (SAFM)
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25-12-2015, 11:28 AMValuegrowthSanderson Farms, Inc. (SAFM)
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07-01-2016, 09:09 PMValuegrowth
Global markets tanked yesterday but SAFM is resilient. It is up by more than 1% on huge volume.
http://www.nasdaq.com/symbol/safm
Sanderson Farms, Inc. Stock Quote & Summary Data
$76.4
*
1.23
1.64%
*Delayed - data as of Jan. 6, 2016 - -
15-01-2016, 10:20 PMValuegrowth
It is a rock and resilient in this volatile market situation. It is time to identify attractive chicken stocks globally.
http://seekingalpha.com/article/3809...is-playing-out -
15-01-2016, 10:51 PMstoplossFRM.ax. Disc : LongQuote:
Originally Posted by MARKETWINNER
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16-01-2016, 05:49 PMValuegrowth
Thanks. Thanks. Some fire sales in global markets may open up some opportunity for long term investors.
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17-01-2016, 01:55 PMValuegrowthOn Friday SAFM shares fell due to speculation on reappearance of bird flu in the USA. France is also having bird flu. There is a new Bird-Flu Case has reported in Indiana. Other regional poultry producers in Asia Pacific region will become winners. Shares of other poultry processors in the USA also fell sharply on Friday partly due to fear that the Indiana case could lead foreign countries to maintain bans on imports of U.S. chicken.Quote:
Originally Posted by stoploss
I found FRM.ax exports its products to Asia as well. -
21-01-2016, 09:34 PMValuegrowth
AT the end of the day Dow recovered from 565 point plunge and closed around 250 still down. But chicken related stocks such as SAFM and TSN defied the market trend. Both went up at the end of the day. May be it is time to look for some boring stocks globally.
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26-01-2016, 02:14 PMstoplossLooks like the Golden Arches helping push up egg demand ....Quote:
Originally Posted by stoploss
http://www.stuff.co.nz/business/7626...alds-breakfast -
27-01-2016, 09:09 PMValuegrowthChicken and eggs are cheaper than other meat and fish. Quality healthy consumers will go behind chicken and egg menu rather than other unhealthy menu in the coming years.Quote:
Originally Posted by stoploss
Thank you for the link. It is going to be chicken year again. Investors are getting interested on poultry related stocks again. Hopefully, we may see breaking of 52 weeks high for some poultry stocks. I will update them later. -
31-01-2016, 02:55 PMstoploss
Marketwinner did you buy any FRM ?? Good 4c out on Friday after the close imo.
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31-01-2016, 03:43 PMValuegrowthNo. I didn’t. I am in the process of finding new broker. It has chance to pass its 52 week high. It has given astonishing return to investors who bought one year before, two year before, five year before and very recently three months before.Quote:
Originally Posted by stoploss
I saw heavy buying interest on poultry related stocks almost every markets such as developed, frontier and emerging markets on Friday. It is better to identify these types of stocks before others.
Good luck! -
11-02-2016, 10:14 PMValuegrowth
Poultry related stocks are the ones to watch in this global sell off. Have they become safe heavens? They have more legs.
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16-02-2016, 08:57 PMValuegrowthQuote:
Originally Posted by stoploss
It reported new 52 weeks high. Isn’t it? There could be more stocks in this type in almost all types of markets such as developed, emerging and frontier markets which can break their 52 weeks high and all time high.
Market had sell-off and volatility but some stocks were bucking the trend. One by one, they have begun to outperform the market. Based on the earning outlook and industry outlook we could expect positive outlook for poultry sector in 2016/17. In addition, the poultry market outlook over the next decade remains mostly positive.
This is one area where investors can get higher returns in the coming ten years.
Two main factors on the demand side are growing population and increased protein consumption in diets worldwide. Supply sides will strength through lower feed costs. By 2024, an additional 26 million metric tons of poultry will be produced worldwide. -
16-02-2016, 10:48 PMstoplossHI MW , FRM hit AUD $ 2.10 on 03/02/16 ...... been down to I think $1.53 since , now on the way back up .... few broken eggs along the way but I'm still in for the ride looking for $ 2.50 :)Quote:
Originally Posted by MARKETWINNER
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17-02-2016, 08:49 PMValuegrowthHi StoplossQuote:
Originally Posted by stoploss
Today it closed at 1.77 up by more than 5%.Have you noticed all types of broken eggs (flue panic, market panic, volatility and sell off) have created and are creating opportunities in poultry stocks?
This is a year for undervalued stocks mainly for attractive food stocks. Those who have invested in correct type of stocks will outperform broader market in 2016/17. We should find out some attractive food related stocks including under researched attractive food stocks globally to enjoy food oriented bull market. Entire poultry group has become very bullish in the USA. American chickens are having a good time. It should spread to other markets as well. Currently, I am trying to find food related stocks in other Asian markets as well.
Please free to list other attractive stocks in the Australian market. -
17-02-2016, 09:00 PMstoploss
Hi MW, I am holding a2m, BFC,TFL all food related in a way . However I like FRM best .
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18-02-2016, 12:59 PMstoploss
Looks like this is right up your alley MW .....
http://www.asx.com.au/asxpdf/2016021...ckyqp1cv5t.pdf -
18-02-2016, 05:57 PMValuegrowthThank you so much stoploss. I really appreciate. Just like me, its look like you are fond of food stocks. You are already a winner. Am I right?Quote:
Originally Posted by stoploss
It is time to identify winners for 2016/17 and coming bear market most probably in 2017/18.
Good luck! -
21-02-2016, 01:07 PMValuegrowth
Have a look at moving averages of some food stocks which include poultry stocks from the following link. Global poultry stocks have more legs.
http://finance.yahoo.com/news/does-h...130529066.html -
27-02-2016, 11:08 AMValuegrowth
It is time to identify great opportunities in undervalued food and poultry related stocks globally in all types of markets such as developed, emerging and frontier markets.Curent food and poultry rally is unstoppable. Global consumers have more money in their pockets thanks to lower commodity prices. Therefore, they like to taste more tasty foods. Even during bad time they cannot postpone eating and drinking.
http://www.financial-market-news.com...rnings/883524/
Sanderson Farms, Inc. (SAFM) Reaches New 12-Month High Following Better-Than-Expected Earnings -
02-04-2016, 01:19 PMValuegrowth
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. -
16-04-2016, 01:32 PMValuegrowthTyson 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.Quote:
Originally Posted by MARKETWINNER
http://www.clintongazette.com/is-buy...ning-strategy/
Is Buying 52-Week Stock Like Tyson Foods, Inc. a Winning Strategy? -
12-06-2016, 06:39 AMValuegrowth
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 -
25-06-2016, 10:57 AMValuegrowth
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.
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19-08-2016, 08:23 PMValuegrowth
As I said before, American Chickens have more legs.
http://www.benzinga.com/analyst-rati...upgrade-sander -
20-09-2016, 07:01 PMValuegrowth
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.
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30-09-2016, 10:47 PMValuegrowth
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. -
08-10-2016, 09:49 AMValuegrowth
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? -
11-10-2016, 07:29 PMValuegrowth
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 -
05-11-2016, 10:44 AMValuegrowth
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
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25-03-2017, 09:14 AMValuegrowth
As I said, Consume staples such as Sanderson Farms have more legs. If I am correct its stock price hit $100 for the first time on Friday. This is one of the stocks which may break all time high again and again in the long run although we cannot rule out some volatility. It is surprise to see there is a good demand for poultry stocks despite some bird flu reports in the USA.
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22-04-2017, 04:05 PMValuegrowth
Still it is outperforming the broader market. It broke into new 52 week high on April 21 Session.
https://6milestandard.com/watching-s...daqsafm/51552/
Watching Shares of Sanderson Farms, Inc. (NASDAQ:SAFM)
https://www.equities.com/news/sander...ril-21-session
Sanderson Farms Inc. (SAFM) Breaks into New 52-Week High on April 21 Session -
07-03-2020, 11:14 PMValuegrowth
This chicken stock bucked the trend on Friday by rising over 3%.
https://nz.finance.yahoo.com/news/sanderson-farms-safm-loss-wider-143702829.html -
08-03-2020, 07:53 AMSnoopyThis share looks to have the big picture animal protein industry tail wind from killing pigs in China leading to higher prices for chicken in the USA. But that chart referenced in your link over the last three months looks dismal, with SAFM grossly underperforming the "Food-Meat Products Market" sector (down 25.4% vs 15.4% for the sector).Quote:
Originally Posted by Valuegrowth
The latest headline financial reporting period profit was poor, leading me to believe that yesterday's recent share price out performance was part of a relief rally that the results were not worse than expected.
"market prices for tray pack products sold at retail stores were marginally higher on better product mix as well as healthy demand and supply balance."
With such a strong worldwide shortage of protein, having prices just 'marginally higher' does not sound encouraging. "Marginally higher' prices look to be more than offset by feed costs rising 6.3%. However the capital position of the company looks very sound. So they have the capability to withstand losses over the medium term.
"increased promotions for chicken at quick-serve restaurants are likely to drive growth in poultry market in 2020"
Translation: Sell SAFM, Buy YUMC ;-)
SNOOPY