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Cal-Maine: egg company Buffett may like?

Reading Time: 2 minutes

Amid the terrible market and paper loss in my brokerage account, I was doing some soul search: general market condition aside, what went wrong in my investments; new ideas?

I came across this Cal-Maine foods from the latest Barrons, Egg Fight: The Yolk’s on the Shorts. We all know the egg price went up quite a bit recently, so as the stock of Cal-Maine (Nasdaq: CALM). From July 6 2007 to July 3 2008, the stock was up 75%.

eggs back light pic

So I went to Cal-Maine Investor Relationship web site and started reading. Some interesting facts from reading its fiscal 2007 annual report, and its investor presentation.