• Want to Invest in a Value Stock? Consider Buying Shares of This Food Producer

    Shares of this egg producer are attractively valued relative to the company’s projected long-term earnings growth.

    By just about any traditional metric, the U.S. stock market is very frothy. As long as investors are willing to pay up big for stocks, so-called growth stocks could keep rising. However, when the momentum music stops, you probably don’t want to be holding all growth stocks with nosebleed valuations. Even if you favor growth stocks, adding some value stocks could help balance your portfolio.

    One value stock worth at least putting on your watch list is that of consumer staple company Cal-Maine Foods (NASDAQ: CALM), the largest producer and distributor of fresh shell eggs in the U.S.

    Image source: Getty Images.

    Continue reading

    Join the Discussion

    Your email address will not be published. Required fields are marked *

    Back to top