Retail investors on Reddit are buying Cal-Maine Foods Inc (NASDAQ:CALM), a top non-AI stock. The company’s latest quarterly results show 17% revenue growth and 34% profit gains, although they missed Wall Street estimates. Analysts believe the acquisition of Echo Lake Foods will help the company diversify beyond conventional eggs and benefit from new industry trends. Diamond Hill Small Cap Fund also sees potential in CALM due to supply disruptions and record-high egg prices caused by an avian flu outbreak. However, some investors believe that AI stocks offer greater promise for higher returns with limited downside risk. For more information on potential investments, check out other articles on Insider Monkey.
Read more at Yahoo Finance: Is Cal-Maine Foods (CALM) The Top Long-Term Stock to Buy?
