IBA Stock Recent News

Vertically integrated business Industrias Bachoco claims to be one of the ten largest poultry producers globally. The company sells eggs, balanced feed, swine, and turkey among other valued-added products. Under normal circumstances, I believe that management will successfully move from bulk to packaged white eggs.

Industrias Bachoco, S.A.B. de C.V. (NYSE:IBA ) Q1 2022 Earnings Conference Call April 29, 2022 12:00 PM ET Company Participants Maria Jaquez – Investor Relations Rodolfo Ramos – Chief Executive Officer Daniel Salazar – Chief Financial Officer Conference Call Participants Luis Willard – GBM Juan Ponce – Bradesco BBI Ulises Argote – JPMorgan Alan Alanis – Santander Jay Hill – Tweedy, Browne Operator Good morning.

If you are looking for stocks that are well positioned to maintain their recent uptrend, Industrias Bachoco (IBA) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.

Investors may want to consider the following non-cyclical stocks as their earnings yields (as calculated by Joel Greenblatt (Trades, Portfolio)'s method) are outperforming the 20-year high-quality market corporate bond spot rate of 3.70% as of the time of writing.

Industrias Bachoco (IBA) CEO Rodolfo Ramos on Q4 2021 Results - Earnings Call Transcript

IBA dedicates to poultry production and commercialization in Mexico and the US, slowly growing into a multi-protein company (chicken, swine, etc.). The company has grown revenues at 6% and earnings at 9% for the last ten years.

Industrias Bachoco SA de CV ( IBA , Financial) is a Mexico-based meat packer that focuses on chicken, eggs and pork. The company, which is more commonly known as Bachoco, has done well with inflation in meat and has a ton of cash on its balance sheet, but the stock has not done much.