General Stock Ideas

[HERMES8]

Sanderson Farms (SAFM)-Zacks Ranked #1 (Strong Buy)

Sanderson Farms (SAFM), a Zacks Ranked #1 (Strong Buy) is a fully-integrated poultry processing company engaged in the production, processing, marketing and distribution of fresh and frozen chicken products. The company sells ice pack, chill pack and frozen chicken, in whole, cut-up and boneless form, primarily under the Sanderson Farms7 brand name to retailers, distributors, and fast food operators principally in the southeastern, southwestern and western United States.

Recent Earnings Success

The company recently reported Q3 17 earnings where they easily beat both the Zacks consensus earnings and revenue estimates for the second consecutive quarter. On a year over year basis the company saw net sales up +28%, and net income rose by +111.7%.
http://www.stocksmarketnews.com/bull-of-the-day-sanderson-farms-safm/