There’s a avian flu epidemic and more than 30 million egg laying chickens have died. Egg prices have been increasing and it will take time to recover from this large outbreak:
Avian influenza epidemic spurs nationwide rise in egg prices
So how can we profit from this?
What about Cal-Maine Foods (CALM) which sells eggs.
Forward PE is 7.21, Estimated Growth is 36.50% for a PEGY Ratio of only 0.18! (A PEGY Ratio of under 1 is excellent).
Price to book is a low 3.42, and Profit Margin, Operating Margin, Return on Equity and Return on Assets are positive and good.
How to Profit from more than 30 million U.S. Chicken Deaths: (Increased Egg Prices)