Jim Cramer on Cal-Maine: "This One Is a Wild Trader"

Cal-Maine Foods, Inc. (NASDAQ:CALM) is one of the stocks Jim Cramer was asked about. A caller sought Cramer’s thoughts on the stock, and he said:

“No, no… This one is a wild trader. It has never interested me. I even like Tyson Foods more than Cal-Maine Foods, and that’s saying something. Don’t forget, Walmart’s the real winner when it comes to selling food.”

Cal-Maine Foods, Inc. (NASDAQ:CALM) produces and sells shell eggs, egg products, and ready-to-eat items. While discussing the stock during the March 10 episode, Cramer said:

“All right, so Cal-Maine, the reason why it’s going down is because people feel this, this shortage is going to end, when the shortage is going in, the stock is gonna go lower. I totally agree with you on everything, but I do and when I see a stock with a 4 or 5 PE, that means the numbers are going lower and therefore it’s probably not as cheap as you think. And that’s the way I look at Cal-Maine.”

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Disclosure: None. This article is originally published at Insider Monkey.