Pilgrim's Pride (PPC) Up 42.3% YTD: What's Ahead for the Stock?
Pilgrim's(PPC) ZACKS·2024-07-23 00:25
Pilgrim's Pride Corporation (PPC) has seen a significant rise in its stock price, increasing 42.3% year to date. This performance outpaces the 10.4% growth of the Food - Meat Products industry and the broader Zacks Consumer Staples sector's 3.7% rise. The company has been benefiting from strategic growth initiatives such as focusing on key customers, expanding capacity, strengthening brands, and reducing costs.Pilgrim’s Pride flaunts an impressive record of earnings surprises, consistently beating earnings ...