Cal-Maine Foods(CALM) ZACKS·2025-02-07 18:01Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: Cal-Maine Foods (CALM) - Cal-Maine Foods currently holds a Momentum Style Score of A, indicating strong momentum characteristics [2] - The company has a Zacks Rank of 1 (Strong Buy), suggesting it is expected to outperform the market [3] Price Performance - Over the past week, CALM shares increased by 1.12%, while the Zacks Agriculture - Products industry declined by 0.69% [5] - In a longer timeframe, CALM's shares rose by 3.86% over the past month, compared to the industry's 0.63% [5] - Over the last quarter, CALM shares increased by 20.27%, and over the past year, they gained 95.98%, significantly outperforming the S&P 500's increases of 2.97% and 24.31% respectively [6] Trading Volume - The average 20-day trading volume for CALM is 792,419 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Outlook - In the past two months, one earnings estimate for CALM has increased, while none have decreased, raising the consensus estimate from 15.59 [9] - For the next fiscal year, one estimate has moved upwards with no downward revisions during the same period [9] Conclusion - Considering all factors, CALM is classified as a 1 (Strong Buy) stock with a Momentum Score of A, making it a strong candidate for near-term investment [11]