Why the CANSLIM investor may take a look at NASDAQ:CALM.

In this article we will dive into CAL-MAINE FOODS INC (NASDAQ:CALM) as a possible candidate for growth investing. Investors should always do their own research, but we noticed CAL-MAINE FOODS INC showing up in our CANSLIM growth screen, which makes it worth to investigate a bit more.

Why NASDAQ:CALM may be interesting for canslim investors.

• The EPS of CAL-MAINE FOODS INC has exhibited growth from one quarter to another (Q2Q), with a 15.0K% increase. This underscores the company's ability to generate higher earnings and improve its financial standing.
• CAL-MAINE FOODS INC has achieved 71.09% growth in its revenue over the previous quarter, signaling positive momentum in its financial performance and potential market opportunities.
• CAL-MAINE FOODS INC has achieved 402.0% growth in EPS over the past 3 years, reflecting a sustained improvement in earnings performance.
• CAL-MAINE FOODS INC exhibits a strong Return on Equity (ROE) of 22.44%, indicating the company's ability to generate solid returns on shareholder investments. This metric reflects the company's efficient utilization of equity capital and its profitability.
• CAL-MAINE FOODS INC has exhibited strong Relative Strength(RS) in recent periods, with a current 92.64 rating. This indicates the stock's ability to outperform the broader market and reflects its competitive position. CAL-MAINE FOODS INC shows promising potential for continued price momentum.
• CAL-MAINE FOODS INC exhibits a favorable Debt-to-Equity ratio at 0.0. This highlights the company's ability to limit excessive debt levels and maintain a strong equity base, demonstrating its financial stability and risk management practices.
• With 12.43% of the total shares held by institutional investors, CAL-MAINE FOODS INC showcases a healthy distribution of ownership. This suggests a mix of institutional and retail investors, fostering a dynamic market for the stock.

Deciphering the Technical Picture of NASDAQ:CALM

Every day, ChartMill assigns a Technical Rating to each stock, providing a score ranging from 0 to 10. This rating is determined by evaluating various technical indicators and properties.

We assign a technical rating of 10 out of 10 to CALM. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CALM is showing a nice and steady performance.

• Both the short term and long term trends are positive. This is a very positive sign.
• When comparing the yearly performance of all stocks, we notice that CALM is one of the better performing stocks in the market, outperforming 92% of all stocks. We also observe that the gains produced by CALM over the past year are nicely spread over this period.
• CALM is one of the better performing stocks in the Food Products industry, it outperforms 89% of 92 stocks in the same industry.
• CALM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CALM is lagging the market slightly.
• In the last month CALM has a been trading in the 83.50 - 95.06 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

Our latest full technical report of CALM contains the most current technical analsysis.

Fundamental analysis of NASDAQ:CALM

ChartMill assigns a Fundamental Rating to every stock. This score, ranging from 0 to 10, is updated daily and is determined by evaluating multiple fundamental indicators and properties.

CALM gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 92 industry peers in the Food Products industry. CALM gets an excellent profitability rating and is at the same time showing great financial health properties. CALM is valued quite cheap, but it does not seem to be growing. Finally CALM also has an excellent dividend rating. These ratings would make CALM suitable for value and dividend investing!

Check the latest full fundamental report of CALM for a complete fundamental analysis.

More ideas for growth investing can be found on ChartMill in our CANSLIM screen.

Disclaimer

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.