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Cal-Maine Foods Remains On Track To Complete A Record Year

2016-03-28 20:03:52| Livestock - Topix.net

I think the company handled the past 18 months extremely well, and the balance sheet is now very robust with a net cash position of $350M. The high option premiums make it interesting to write put options and acquire Cal-Maine at an even lower price! Eggs can be an interesting business to be in, and Cal-Maine Foods is definitely enjoying a perfect storm as the company remains on track to see its net profit double compared to the previous financial year.

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