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Is shell egg stock a good investment?
This is deep value stock territory. The stock is priced cheaply largely because shell egg prices tend to be volatile, which makes it a riskier-than-average investment, at least over the short and medium terms. In addition, the market hates uncertainty, and this bird flu outbreak creates a lot of it.Are egg prices on fire?
Egg prices are on fire — even more so than oil and gasoline. The price of a dozen grade-A eggs was $4.25 nationally in December 2022, says the Bureau of Labor Statistics, up 138% from the same period a year ago. In some places, like California, eggs sell for even more. Egg prices are becoming the new poster child for runaway inflation.Are egg prices rising again?
Egg Prices Are Rising Again. Consumer Cal-Maine Stock Cracks After Earnings. Wall Street Says Challenges Will Continue. Cal-Maine Foods, Inc. engages in the production, grading, packing, marketing, and distribution of shell eggs. The firm operates farms, processing plants, hatcheries, feed mills, warehouses, offices and other properties.