Sanderson Farms: Good Risk-Reward from the Long Side - trackseekingalpha

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Sanderson Farms: Good Risk-Reward from the Long Side
Feb 24, 2009 02:08 PM UTC

trackseekingalpha

Return	Risk
-13.40%	HIGH

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Profile & Performance

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Symbol	Sentiment	Start	Return	Closed
SAFM	n/a

Via Long Investment Ideas from Seeking Alpha:

The current share price does not reflect fair value for Sanderson Farms (SAFM). I believe the company has 40%+ upside from current levels and the unlike much of corporate America, current catalysts are to the upside, as input costs (namely feed costs) will decline dramatically in 2009 YOY. I recommend initiating a Â¾ position at current levels, going to full position at $25/share.

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