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Pilgrim's Pride Corporation (PPC) [hlAlert]

Rating:
Buy PPC
up 165.94 %

Pilgrim's Pride Corporation (PPC) rated Buy by B. Riley

Posted on: Wednesday,  Oct 31, 2012  10:25 AM ET by B. Riley

B. Riley rated Buy Pilgrim's Pride Corporation (NASDAQ: PPC) on 10/31/2012. Previously B. Riley rated Buy Pilgrim's Pride Corporation (NASDAQ: PPC) on
06/16/2010., when the stock price was $7.81. Since then, Pilgrim's Pride Corporation has gained 165.94% as of 01/12/2016's recent price of $20.77.
If you would have followed the previous B. Riley's recommendation on PPC, you would have gained 165.94% of your investment in 2036 days.

Pilgrim?s Pride Corporation (Pilgrim?s Pride) is a chicken company in the United States, Mexico and Puerto Rico. The Company?s prepared chicken products meet the needs of some of the customers in the food service industry across the United States. Under the Pilgrim's Pride brand name, its fresh chicken retail line is sold in the southeastern, central, southwestern and western regions of the United States, throughout Puerto Rico, and in the northern and central regions of Mexico. Additionally, it exports commodity chicken products to 90 countries. As a vertically integrated company, it controls every phase of the production of its products. The Company operates feed mills, hatcheries, processing plants and distribution centers in 14 United States of America states, Puerto Rico and Mexico. In December 2009, Pilgrim?s Pride announced that the Company and six of its subsidiaries have emerged from Chapter 11 bankruptcy protection.

B. Riley'research process is an interactive one where we perform extensive due diligence on companies until the analyst develops the knowledge base and understanding of the company and the industry to make a recommendation. Our analysts continuously monitor industry developments and communicate with the management, competitors, suppliers and customers of the companies we follow, regularly communicating our findings through Research Updates and daily Morning Notes.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/31/2012 10:25 AM Buy
None
5.67
as of 12/31/2012
1 Week down  -3.20 %
1 Month up  1.54 %
3 Months up  41.87 %
1 YTD up  25.86 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/16/2010 3:25 PM Buy
None
7.81 10.96

(*) Stock Price at the time of the recommendation.
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