Sanderson Farms Enters Oversold Territory

Sanderson Farms, Inc.’s (NasdaqGS:SAFM - News) share price has entered into oversold territory with a stochastic value of 14.868. The Zacks Consensus Estimate on the company’s earnings for the year ending October 2012 increased by 11 cents over the past month to $3.59 per share. Sanderson Farms is a Zacks #2 Rank (“Buy”) company.

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