I recently spoke with Cal-Maine Foods CFO Tim Dawson, and here are the notes from our conversation.

One of the best ways to invest in Americans’ reliance on eggs is through Cal-Maine Foods, Inc. (CALM). The company produces almost 15% of the eggs eaten in the US. Its market share is growing. And it has a rock-solid set of financials…

Sometimes a stock with a P/E of 6x can be dangerously expensive.

At under 8 P/E and 17% earnings yield, the largest egg producer in the U.S. looks like a bargain. But what lies beneath the shell that makes this a risky stock?