Cal-Maine Foods, Inc. (NASDAQ:CALM) is among the best low-risk stocks to buy now. Financiere des Professionnels Fonds d’investissement inc. acquired a new stake in the shares of Cal-Maine Foods, Inc. (NASDAQ:CALM) during the second quarter. According to the SEC, the Canadian financial services firm purchased 3,579 shares of the company’s stock, with an investment of approximately $357,000.
Some foods fade away, but eggs? They rule every breakfast in almost every household. With Cal-Maine Foods, Inc. (NASDAQ:CALM) being the largest producer and provider of eggs, boasting a 17% market share, there’s little to be uncertain about the company.
The strategic initiatives by Cal-Maine Foods, Inc. (NASDAQ:CALM) are quite commendable. The company is expanding into the specialty eggs market, a market that includes cage-free, organic, and pasture-raised egg products. Despite high production costs, the company can enjoy higher margins through these premium offerings, as demand for them is witnessing a steady rise, particularly from major retailers like Walmart and Costco.
Cal-Maine Foods, Inc. (NASDAQ:CALM), headquartered in Ridgeland, Mississippi, specializes in shell eggs, egg products, and prepared foods. Founded in 1957, the company operates through various brands, such as Land’s Best, Sunny Meadow, Farmhouse Eggs, and Sunups.
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