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Cal-Maine Foods (CALM) Just Overtook the 50-Day Moving Average
CALMCal-Maine Foods(CALM) ZACKS·2025-04-11 14:30

Core Viewpoint - Cal-Maine Foods (CALM) is showing potential for investment due to its recent technical breakout and positive earnings revisions [1][2][3] Technical Analysis - CALM has recently broken above the 50-day moving average, indicating a short-term bullish trend [1] - The stock has increased by 17.1% over the past four weeks, suggesting upward momentum [2] Earnings Estimates - There has been one upward revision in earnings estimates for the current fiscal year, with no downward revisions, indicating positive sentiment [3] - The consensus earnings estimate has also increased, further supporting the bullish outlook for CALM [3] Investment Rating - CALM is currently rated as a Zacks Rank 1 (Strong Buy), suggesting strong potential for continued price appreciation [2]