The Relative Strength (RS) Rating for Cal-Maine Foods climbed into a new percentile Monday, as it got a lift from 70 to 73.
This exclusive rating from Investor's Business Daily measures share price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the last 52 weeks holds up against all the other stocks in our database.
History shows that the best stocks often have an 80 or better RS Rating in the early stages of their moves. See if Cal-Maine Foods can continue to rebound and hit that benchmark.
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Cal-Maine Foods is trying to complete a flat base with a 64.76 buy point. See if the stock can break out in volume at least 40% above average.
Although earnings and sales growth came in at -55% and -30%, respectively, in the latest report, that marked two quarters of acceleration for earnings and one for sales. Cal-Maine Foods is expected to report its next quarterly numbers on or around Jul. 16.
Cal-Maine Foods holds the No. 8 rank among its peers in the Food-Meat Products industry group. Vital Farms, Pilgrim's Pride and Tyson Foods Cl A are among the top 5 highly rated stocks within the group.
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